bearish area formed on previous R/S level
0.03 $ earned
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1.0213 acted multiple times as resistance and support. Now we have a nice supply level formed and it seems like price is about to continue south from here. We will see. I'm not entering yet, I'll wait and if it retraces a little bit I'll place my order (better RR)
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That should interest you
To buy or not to buy?
The U.S. dollar-Chief evidenced a prolonged decline beginning March 2019, but that came to an end at the start of March this year. From a broader perspective, the pair is now conflicted. The 6- and 40-day baselines are pointing downward, whereas the 12-, 24-…
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Not quite time to buy yet
When it comes to USDCHF the 4- through 24-day baselines are all decidedly bullish. Moreover, the pair looks to have bounced off the bottom of the 24-hour price range, all of which led me to conclude that buying the pair at this level might not be such a bad…
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It will not work out - for me such market is not the place to trade
What do you mean? Please elaborate
It looks like a range market