Audchf Long Scenario
I highly believe AudChf is an "buy to sell" . It's aiming for BUYSIDE ERL.
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If price go bearish I can only see it to perform the action of a SPRING/MANIPULATION...
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its in correlation / sync with AUDUSD , no signs of reversal yet
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Reverse micro wise right AT TARGET
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Price for sure reversed at the area to clear SSL just to BUY again!
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Update
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I see price taking out low forming a turtle soup then buying up for internal range liquidity.
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price is also near extreme discount and the DTC 50%
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high hopes ?
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Mid Update !? (because it came close to my entry and didnt hit so now im a litte side eyed)
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lmbo looking alittle bearish but I'll keep Hope alive.
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it was indeed alittle bit too bearish , but i also had a SMALL SL so eh. L(esson) learned. Bigger risk . I had a1-2 pip sl. Tomorrow a new day though
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Price formed Distribution within the blue box
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Plus price reached premium meaning bear take over for Tuesday?
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i see i bought REALL EARLY