Sorry, my network suddenly dropped, had to restrat the machine. So I missed the failed again 2nd leg up, but now we see strong rebound, this feels a little different, let's see.
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I only know chances are high we'll see a 2nd leg down on the daily chart, now it's the 1st leg down, the rebound thereafter shall fail.
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Anyone know how to see me in Twitter? I have an account called Cobrasmarketview there, but I don't know how to see me via URL.
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So far not bad, but still no intraday higher high and this is the very 1st time touching the EMA20 after 2+ hours, so could be a potential L2 short?
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Good, but still we need an intraday higher high first. If breakout, the target, as I said before usually is the triangle area.
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Thanks. but how come I have lots of messages not sent by me?
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Sorry guys, I'm a little out of syn of the market today as I'm not very focused...
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Once again, let's review this typical reversal pattern as I've said before. Now you should be clear what I was trying to say. Generally don't try to trade the reversal because there's only one reversal but to follow the trend, you have plenty of chances.
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2 bar before, that was EMA gap short, but anyway, I expect 2 leg up from here. The triangle area will act like magnet...
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