Expecting the current leg to unfold till 1.0480 Conservative Stops placed around 1.0640 RR: 1:1
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2H Chart. For now, the bearish scenario is still valid to me. Price has just retested the resistance zone once again, formed an inverted hammer on the 2H within this zone and failed to close above the diagonal TL in the 4H chart.
I could be wrong, but if this scenario will play out as shown above, the upmove we just saw, was most likely manipulated by the big boys in order to stop all the guys out who placed their SL just above 1.0620
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