Yup, it's retracing for now. It's typical after a triangle breakout for Price to retrace first.. (see my post on that hereÂhttp://bit.ly/1LSTrua ).. Hence, as long as Price is still above that triangle, Bullish Tendency still remains,ÂÂespecially if you see a bullish candlestick/formation at the area as a confirmation for a pull back. We'll see..
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Cheers..
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Cheers..