tyrek_l

Price is Bullish

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OANDA:EURUSD   ユーロ/米ドル
Price is technically bullish. I expect price to take a break and retrace to nearest support before having a strong bullish uprising. As seen on the chart price is rebounding between trend line and the hour intersecting line. Forming a sideways triangle which is typically a neutral pattern, However trend line was drawn a higher time frame so in my opinion the bulls supersede the neutrality of the pattern until im shown otherwise. Its good to stay conservative on this one.
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