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Please don't trade because i'm not sure Make your own analyse about this one..But I will give this idea to chew on..Short ...Big divergence on the MACD ...Diamond pattern (Reliable?)...Cross lines MACD ..Bounce at MA50.. Engulfing candlestick in progress?bear engulfing candle on the weekly chart...Market will sloooow down around New Year i guess....Good luck
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On this moment price could go to the MA200 here on the chart so certainly no short for the moment....
but now i am more confident because you make it more solid with divergence and moving averages break below 1.08000 will open door for lower low thanks johan
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Youre welcome my friend but divergence is an indication to be careful with...:-) Good luck and happy holidays with the end of the year...
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i have already booked 80 pips now looking to short again on best place to target the lower lows my friend
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