In the previous post we realised that we had a decent upside move and from then on accumulated in the 1.2-1.4 region. This is more probable to turn out as a continuation move and therefore, we were taking a long trade from the break-out of this accumulation. Congratulations to everyone who took this trade. We are losing momentum and a pull-back to our trend line seems probable. I won't take any trade for now and re-evaluate once we have more signals.
The next stimulus in the USA is on its way and the printer goes brrrr.
Stay green!
The next stimulus in the USA is on its way and the printer goes brrrr.
Stay green!
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