Price has finally broken above key resistance 112.000 , where I will be watching for price to now make a higher low where I will look for longs up to 113.000 next ..
Komentarz
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Potential buy zone
Komentarz
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Well looks like there will be no pullback
Komentarz
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momentum is strong, & 112 has finally broken this pair will fly
Komentarz
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Komentarz
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price rejected off 113, watching for price to retest the head on shoulders neckline as support for a move higher for price to move in an uptrend
Komentarz
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113.750 new higher high target
Komentarz
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price may reject from here to make a new higher high
Komentarz
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perfect bounce so far
Komentarz
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Daily: 112 acting as new support
Komentarz
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Will be watching closely how price reacts above the 112 region
Komentarz
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I am still holding my long positions
Komentarz
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+35 pips running
Komentarz
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60 pips running, took some profit SL at breakeven now. Patience pays off with forex !
Komentarz
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113.4 new higher high target
Komentarz
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resistance break, higher high target coming up
Komentarz
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enter at 112.280, SL now at Breakeven. From here price should continue up to the initial Take profit zone
First thanks for all the updates, im reading all. But how do you decide to buy for example with this. If the price reached your buy zone is it 100% you will buy? how do you decide?
Profound_Ambition
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@Shawty, you're welcome! So the way I would decide to enter is if I see a clear rejection & watch price action to see if it finds support there at the fibonacci regions..