It turned
out I was right yesterday, EUR/USD did repeat the already established pattern
and fell to 1.3340 to test the support there again. I am waiting to see whether
it will go even lower. I admit I am a little disappointed that it did not
continue rising to 1.3480 as I predicted it would do last week, but it is still
not too late for that. That said, I will not be doing anything until I see some
sort of proper signal on the 4 hour filter. At the moment the situation appears
quite uncertain and placing a trade for the sake of placing a trade is unwise.
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