Nothing change from last thought. Expect test below 1.58 area. possible near 1.57 and a new reversal 1.60/61 minimum target if break possible new highs of the year but let`s focus short-term.
We trade what we see not what we think.
Next session monday will be confirmation or not that this week we will see test 1.57`s-1.58`s area.
Close last friday below ema 13 green = 1.6032 if you check chart - after big rally first time that close below ema 13 next move is up - 2 scenarios or go to new highs or have pullback 50-61.8 retracement.
I`ll focus this triangle add short coming hours. Key levels.
- 1.6032 Don`t make sense break and hold EMA13;
- 1.6070 Confluence number buyers and sellers last sessions;
- 1.6120 Unable to close above last sessions this is the key level 60 and 240 minutes.
See at this levels 1.60 good opportunity add positions shorts swingtrading/daytrading minimum target - - 1.5880 but remember still looking to 1.57`s.
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use my areas every day in my own personal trading and for the fund so I know that they are valuable. If you have been getting my key area to trade for some time Indexes: http://followmarketrend.blogspot.com/ Forex: http://marketrend-forex.blogspot.com/ , then you know the value of them as well and can easily make the decision of whether or not a $75 ( per monh or you can save a lot by getting a three $150, six months per only $250 dollars incredible deal or annual subscription $500 check price below. ) investment is worth it to your trading.if your interested have access all details click here
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