On wed16, we had a doji and that freak me out. Stochastics were pointing down so that was a little contradictory. By that day I was considering to go short because we had the dma crossover, but with that doji there, I needed to wait to see what the market was doing. That could mean a long oportunity but, as we saw, my first analysis could give be an outstanding 400 pips if I have entered short on 1.6650 to 1.6250
Right now, on sunday night, a bullish candle is forming. That could mean that due the several bearish bars through the week, maybe traders around the world are closing their positions. We can see, maybe, a recovery in price that could reach 1.6340 or even 1.6380 or 1.6422. I´m not sure but time will tell.
From my initial analysis, price has to go down till 1.5758 at least.
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