I think NFP data will pump this up... I am waiting on sidelines to catch best moment to buy deep... No rush! Real decision comes at 1.1655.... Watch that level!

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H4: still no breakout.... resistance sitting around 1.1653/59 area... Waiting for London opening... Happy Friday folks

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Closed latest sell order here at 1.1652... Calling it a day folks... I hopefully start my analysis from scratch tomorrow... Stay blessed

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H4: I am marking 1.1675 area as nearest resistance...

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H4 result: No breakout... I cancelled my latest long order with little loss and switched to selling...

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H4 chart still tells me to be patient... expecting a breakout with the next candle... let's see... 2 more hours until H4 candle close.. 1.1677 is key...

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Some unexpected delay but I keep my long order.. Main target is 1.1700/1717 area...

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Stepping down to M5 to look for long counter-trend entry signal... Happy trading day folks

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We are at the brink of a sell off... If my H4 circle is right.. it is not happening yet though... first a pullback to 1.1703... Let's see... Very critical moments! All eyes on 1.16755....

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Correct... that's why I shared my H4 chart earlier

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Meanwhile, bears are pushing while we speak.. Can they trigger a new falling knife? Let's see..

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Non-cooperative? Result: Poof!

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Nothing about GBP interests us. Only EUR/USD... Please visit Page 1 to fully understand our thread rules before posting. Thanks in advance for your cooperation.

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Because it is the weekly, we can not have 1 single level to watch. It is a roughly 20 pips zone. I would watch if H1 or H4 candles properly close below let's say 1.1680 to be fully sure.. then I could sell with more confidence if I haven't already.. ...

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Quick WEEKLY Outlook This week is highly crucial. Especially 1.1702 as the latest breakout level is currently being retested. If this week's candle closes below 1.1702 on Friday market close, we could continue deeper to 1.1478 Therefore: until the ...

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For now, I patiently wait... At some point, I am anticipating that a sell opportunity will eventually show around 1.1703..

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Just as I thought.. quick fake dump and then pump... never surprises me...

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Just to be safe, I am postponing selling based on H1, because H4 tells me to sell as close as it gets to 1.1705... No rush!

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On H1, I am looking for new selling opportunity at 1.1689... but this area is very critical... we could also have a break to the upside of channel! For now, I assume that my bearish channel will hold! But watch!

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Based on D1, I could agree with a temporary pullback to 1.1762 area... That way the right shoulder of a potential H&S can be completed... Let's see.. No rush though... the forming of right shoulder can take days...

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