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NZD CHF

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12 years 10 months ago #5178 by redchilly
Replied by redchilly on topic NZD CHF
Bounced from breakout point at 0.7887
Long now finally on this @ .7920
SL is below 0.7886

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12 years 10 months ago #5164 by redchilly
Replied by redchilly on topic NZD CHF
After the confirmed breakout this is re-testing the 0.7886 area
Still dont have any position but will try and jump in on the next move up
will wait for a bullish candlestick formation :)
The following user(s) said Thank You: remo

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12 years 11 months ago #4931 by redchilly
Replied by redchilly on topic NZD CHF
BR, For a confirmed breakout it has to close above previous high which is 0.7886

Today's Inside Bar - is it a buy or a sell signal (as its near a strong resistance)?

I will wait for a close above 0.7886 and then enter on an Inside bar or look for an entry based on hourly chart

I will look for an entry with least possible risk and will wait patiently until I get one with some clear signal on the chart

It can still go towards 0.7770 area towards the rising trend line

I don't have a position but if I do then I will post a live chart with a reason behind the trade

Good Luck
The following user(s) said Thank You: remo, Broad-rock, Libero

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12 years 11 months ago #4930 by Broad-rock
Replied by Broad-rock on topic NZD CHF
Well RC you got the inside bar today, so is it time to dip the toe and/or
wait for possible retest of the 7800 area?

dl.dropbox.com/u/43650856/NZD%20CHF%20-%...y%2022nd%20March.htm

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12 years 11 months ago #4908 by redchilly
Replied by redchilly on topic NZD CHF
This has finally broken out
I will enter on the next pullback or look for an inside bar for an entry :)
The following user(s) said Thank You: remo

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12 years 11 months ago #4571 by redchilly
Replied by redchilly on topic NZD CHF
This is in my watchlist... I will wait for a break above the horizontal trendline and then enter on the first pullback...I will post a chart as we go along :)
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