1. HH MTR = DB Sell Climax Prior Uptrendline Breakout Breakout Limit Higher Low Major Trend Reversal = Almost A Double Bottom
2. Price Is Trending Up = Higher Highs + Higher Lows
3. Mode Is Building = Bulls Are Accumulating For Long . 5 Bar Currently...
4. Price Continues To Stay Above 50EMA = A Sign Of Bullishness
Until Then.....
Sharp Sharp , And God Bless!
Komen
IvanLabrie
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If EURGBP reverses, this pair will be weaker than EURUSD. (I think it will)
moorekapital
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Pullback most likely, imho
IvanLabrie
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The weakness is done it seems.
moorekapital
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Mode has since, increased to 13, If I'm not mistaken
IvanLabrie
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Yes, correct, but there is an even larger daily mode with more than 20 bars, hence my weekly setup.
I'm entering aggressively using a 3 bar range breakout and retracement, r/r is more than 7:1 for it, but lower probability.
You can take the daily time at mode breakout but I prefer to scale in on the weekly range expansion signal in my chart.
Target is huge anyway.