beyondta
chartpattern
economiccycle
eurgbp
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The patterns repeat themselves with statistical reliability BUT the OUTCOME that the pattern is predicting is RANDOM!
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NY continuation trade from London's type 1 W. Initial target was 45 pips but we closed when we reached our 1st target of 30 pips.
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This is looking like a regular market maker cycle where we got our mid week reversal on Wednesday.
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Bigger picture is the type 1 multisession M We shall see what happens
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