Hi!
Which colour circle do you guys consider a retest pattern?
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The blue one was, the yellow one is.
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Both right! Thought so, maybe the blue is immediate and the yellow is medium term. I currently entered a small short of the gbp…
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Awesome, i feel it’s just having a hard time right now, but should push lower. nice analysis.
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Lol i do too! I don’t know why i entered in so early lol smh. Let’s see what happens!
Price is looking like it wants to continue to the upside back towards last week’s resistance. There was a slight breakout of the downtrend that I didn’t notice, forming a morning star at that support
Oh yes, damn…
we just have to be patient! You’re still in for a sell?
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No i closed on the first bull candle. I lost some profits but aaah well, i know where i went wrong!
It looks like we’re gonna get a shooting star though? If we do what do you think of that?
let me see your chart,!
yea, no more trading for GU today, I tend to stop entering trades after 12pm. But I still have a sell bias for the pair. It just made a big pullback back to where it broke out from. As you can see in the 2nd screenshot, GU is currently in a big ass range also
Update:
price decided to go to the downside. It broke through the support I was looking at and retested before falling. Let’s see if it continues to fall
Yep! I got In at 8am!
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perfect! nice job 
let’s see how it plays out throughout the day 
I think both; the blue one is aggressive and the other one is with the conformation!
Both are ok to trade.
First one is a classic BPC (Breakout Pullback Continuation), second one is a Breakout - Full Swing Reversal type of trade.