Hello traders, in this post i am giving a quick break down of the current range we see in this market. I entered this trade 2 hours after the open of the London session now im making a post to monitor my feedback. I have noticed that we have a false breakout scenario with the macd indicator and price action. The double bottom pattern and macd signal cross that just formed reinforces a cause to go bullish, i have a more bullish bias because i observed that there is a high volume of liquid sellers above the breakout at a psychological resistance @109.750 . I have multiple confluences to enter this trade but i cant disclose all of them to the public because i dont want to water down my edge.If you take a close look at the levels then you can notice the similarities in price action on multiple occasions.PLEASE LEAVE FEEDBACK! LIKE AND COMMENT! SHARE POST TO SEE MORE GREAT CONTENT LIKE THIS!
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