Trendlines and Divergence Strategies - page 6
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SHORT at 1.2952
Look to short at 1.2952. trail 15 pips.
will give target latter.
Usdchf
Apologize for that I gave recm for USDCHF instead of the regular EURUSD.
long at 1.1967
Long EurUsd at 1.1967.
So far all our three 5034 setups are in a positive territory. Asuming that the market is getting more and more thin I expect these patterns to be continued the same direction in modest pace.
Another candidate for bearish 5034 setup. Note, however that Christmas season was euro bullish 5 years in a row.
get squared on cable.
4H is stopped out because of the sterling strength in crosses (EURGBP and GBPCHF)
1D a descending whipsaw rails formation.
The best TF now is 1H with DINapoli targets
Closed long and going south
Price looks like sustaining below that houry wedge and my position is now short Euro.
tug
there is a huge tug of war. waiting for trade to develop.
S/R area
S/R area coming up at 1.1906/10 area, a break will move us lower faster.
results
so we are having now + 112 pips on USDCHF
+ 665 pips on USDNOK
- 70 pips on GBPUSD
looking for reinstate short on Cable