First of all, I want to apologize about this months I was offline. Since now, big things are coming. As to the chart, after a big impulse from this pair, price has stopped at 1.00 psychological level of resistance. RSI is showing some divergences wich could indicates us a possible short movement this week. Also, at the 1 hour chart, we can see a typical corrective structure.
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Price following the prediction. MA50 has been broken
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As I posted on my instagram profile, the 1H target has been achived. Now, after this bullish impulse on minor frames, we are waiting for some signals of rejection.
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Finally the pair is showing some bearish movement.
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Second TP is close to be hitted. Stop loss has been moved to breakeven. +6% on this trade.
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Price is testing the resistance level in 4h. We have to see a rejection to continue with the bearish movement. Video explanation-> youtube.com/watch?v=mzhdDmknzbs&t=6s
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Price played good as we mentioned on the youtube video. SL has been moved above the MA200(+3% )
Trade stängt: målet nått
Trade closed manually. I expect some retracements for the upcoming weeks. +13% on this trade
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