TL breakout + retest - page 49
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Waiting for a clean break below the yellow line
GU - attention on the black line
Red:
-ve macd divergence with the target on 1.6250
Green:
UT TL broken
Black:
H&S broken with the target of H&S included in the chart.
But be reminded it might be a good place to take profit during the SR zone
Today TL and chart pattern workout perfectly instead of Magical MA
GU h1 red line SUPPORT.
I on bias SHORT where the redline will break soon.
EU h4 : Close below the SUPPORT line. Bias SHORT
EU weekly : Look out for 1.3740 as it is previous HIGH and might act as support
Lose both on EU GU during the fake breakout on the horizontal RED support line.
Lose juz a part of it, cant avoid. Make sure we have our SL to protect the acc.
EU :
H1 : Previous Support act as Current Resistance
Daily : A Heavy Type SUpport 1.3740 is need to be break for a BEAR
GU
H4 :
Double TOP (GReen) havent be broken, so still not an continuation of an UPtrend yet. Currently we are going down, two support to watch of is the pink color support area and the support TL.
H1 :
The TL (think dark line) have act as a resistance for a several times. It hold quite well.
Look at the EU H4 think black line. Will the EURO drowning today?
usdcad h1 double top