Watch out EURUSD for a potential long position
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if EURUSD creates a bullish candle that closes obove 1225, the bearish channel is breaked and we can have a buy from 1225 to 1250 at first step.
candles must sit on top of channel and we must be sure that we have just a pullback , not a fake break and falling.
finally if chart goes upper from 1230, a ab=cd pattern with 1250 D point will be formed.
candles must sit on top of channel and we must be sure that we have just a pullback , not a fake break and falling.
finally if chart goes upper from 1230, a ab=cd pattern with 1250 D point will be formed.
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conditions ( a bullish candle above 1225 did not appeared) and we didnot enter in long position.
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