After prolonged decline on Elliot Wave moves, finally we are at the correction stage. Price broke out multiple tops and now found nice resistance level where was 200MA. Reversal candlestick gives us downward movement. on the other hand, if we look on EurUsd we can see the opposite movement - upward. in this case, we can short now putting SL above 200MA and the target is on 100MA.
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Changing position
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inside bar breakout. Hold your position
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