Possible hanging man candle here at a resistance zone on the 1 hr. Might be something to keep an eye one
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Some nice selling going on, I'll be keeping an eye on how this closes
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Entered into this, Tight stop just above the pullback level. Price on higher time frames is bullish, so this may be stopped out but I think if it starts selling, it will sell off a good amount
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One last item that I forgot to mention...some bearish divergence can be seen on the RSI which helped confirm me entering a trade
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Idea was stopped out from previous post. Similar to the NZD, I think a retracement is due; but I keep getting stopped out so I am going to hold off until a corrective downtrend is defined and maybe short if I can get some pips. I do want to enter long if we get a correction and then bullish pressure
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Still no signs of pulling back quite yet..
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current levels
audChart PatternsTrend AnalysisWave Analysis

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