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Breaking below 1.34800 - a fake out or true break out
U.S. Dollar / Canadian Dollar
Long
Breaking below 1.34800 - a fake out or true break out
By Atan_235
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Updated
Feb 8
4
6
6
Feb 8
1.34800 is a must hold level for the bulls ,
breaking below it on Wednesday, and
trying to get back above it on Thursday.
and now testing the upper channel of a descending Channel Formation.
its a opportunity to witness this price action and use out entry criteria to enter the trade.
Feb 8
Trade active
Price action in the 5Min TF does not in agreement with its Volume ,
Chart Patterns
Parallel Channel
Trend Analysis
Atan_235
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