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princey37

4,749 Posts.

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17/03/25

12:33

Post #: 78293571
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Originally posted by W3hunter: ↑

This is one I`ve been watching for failure signals at the 50% retrace..we dont want to see signs of momentum weakness near the 50% level in this position. View attachment 6882705

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Yes, price action needs to consolidate, but we want momentum to continue upwards or at worst sideways, never downwards.
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