I expect the downside wave to end soon The end of the wave is expected to be from area1 or 2 as i explained it in the chart
good luck
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be ready !
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move the SL to BE if you could or close the have we still in monthly down yesterday we had green D candle which is nice for low TF trading but we need to close with W candle to look for long-term trade
anyway it was nice entry from 15min TF this area still ON if had new low we gonna look for entry from it for next month also we need to see the close of the W candle
i will update the chart later
good luck and have nice trading
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i add one more trade total opened trade 2
here is my setup
i still looking for long
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3 trades open for long
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2 trades still open one stoped at SL
moved the SL to 0.96321 for the rest 2 trades
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EURUSD on trying to jump aboutp that trend line for the second time if u are took the trade with us its important to print the profit and you can jump about the top and keep and SL on the low of today with small risk
EURUSD can make new low so we should think about Take profit from here and we can find chance to jump about the top
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here is what we should be worry about it
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1.02140
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we just hit 1.02140 which means we recovered 23% of the down move which started in Jan 2021 and from the blue zone (0.23 and 0.38) of the main down move
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here is were i think the down move or correction going to start
EUR will face the red area zone let us see what will happen ... make sure to have your trade on BE if you entered the trade in lowers TF make sure to take half of the trade and keep the second half just make sure that you will be in safe state of you the EUR are still making the last low