Wif
Yesterday, I worked on a double bottom, leaning on the ema200 on the 4-hour timeframe and receiving a corrective reaction from it. I also started working on a wedge on the daily timeframe, having only covered half the distance to the target at this stage. The full target for testing the ema200 on the daily timeframe is currently 1.025. Additionally, on the daily timeframe, there is an unformed pattern of a 'double bottom'.
So far, I am squeezed between the ema50 and 200 on the 4-hour timeframe, so I will consider entering a position after securing below the ema50 or above the ema200 on the 4-hour timeframe. We are observing
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