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Just reading your comments and made me think of something I would share, perhaps you have noticed ...the euro likes to move about 120 ticks or 240 ticks in a day.
Take a look sometime and you'll see what I mean. today is a good example of this...does it always happen..no but ....
Can you help answer these questions from other members on NexusFi?
My setup gave me a 30 ticks TP room/opportunity going upward to 3332 and off a congestion/flat zone a little while ago, but I did not take it, 'cos there is a Resistance @ 3538 at the moment, so I'll need to wait a little for an upward move (if it will happen at all), or wait for a long while for a down move .... I really want to sleep now; it's my night time.
looks like it has decent chance of going up, just would have liked to see it shoot up to 3600 area and not pull back like this so soon...mixed messages to me. basically triggered that daily pin and is trying to either shake out a few or bury them...time will tell I guess
I'm not convinced yet. First, most breakouts are fakeouts, and second we hit the daily R1 and it was met with a lot of resistance so far. But yes, the next few hours should make things more clear --- do we build on this breakout, or does it fail and we're left with a quadruple top (or more) resistance area around 3550's, which would be bearish.