Pair has been in a 1H range for a while Price at bottom of range Wicks at bottom of range shows no sellers If price reverses it can rise to 50 sma and pause Price could consolidate there or break above 100 sma Price could then rise to top of range.
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15m/1H dual chart helps to follow price
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sorry 1H - 15m
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On our 15m chart we have either a bearish flag or an ascending channel
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1st take profit hit
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Price fell back into ascending channel Price now has broken above channel Price has entered 2nd long trade
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Hit top of range take profit
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Bounce of top of range short trade
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Bullish breakout of range top
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Price took out take profit at -61.8% fib like a freight train
Well one thing is certain, quantity of views is not rewarding the quality of the TA.
Very good TA
Tradingstrategyguides
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@Giorgioversace, Thank you. Go to our Website: tradingstrategyguides.com/ under our blog for our free trading and training material. Subscribe to our facebook & you tube channel for some great trading training materials & videos.
Giovi6969
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@Tradingstrategyguides,
It is nice from you but i am unfortunately not looking for trading strategies lol.
YautjaHunter
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Agreed @Giorgioversace!
YautjaHunter
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Wow, working perfectly so far. Even a bit better in deed lol!
Very good TA