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EURUSD - Long Idea
Price broke the previous high of 1.07355 and seem to be pushing up to 1.09682, before heading back down to collect more order and ultimately head higher.
The latest data from the COT reports show that institutions closed their shorts last week, confirming and justifying the strong push to the upside. The ratio of Long to Short trades held by institutions are still 2:1, hinting that bulls are still very much in control.
If you agree with this idea, please support my idea by giving me the rocket ship. Thanks buddy. If you disagree, please still give me the rocket ship. Peace˜
P/S: I am still holding my Long position from 1.04849 and targeting 1.09682 as my partial TP.
The latest data from the COT reports show that institutions closed their shorts last week, confirming and justifying the strong push to the upside. The ratio of Long to Short trades held by institutions are still 2:1, hinting that bulls are still very much in control.
If you agree with this idea, please support my idea by giving me the rocket ship. Thanks buddy. If you disagree, please still give me the rocket ship. Peace˜
P/S: I am still holding my Long position from 1.04849 and targeting 1.09682 as my partial TP.
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