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Price action manages to break through the ascending trendline, with a retest of the broken line, and pass through the 200MA as the last line of defense for the coming bearish momentum. Now, expecting a pullback fro further downtrend continuation, a short entry is placed.
The order:
Type: sell-limit
S/L: 15 pips - R:R | 1:2.5 -
T/P: coming support level
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The order:
Type: sell-limit
S/L: 15 pips - R:R | 1:2.5 -
T/P: coming support level
--
*** If you like the idea, don't be shy, click on like and comment. If you do not agree, just comment ;-) | Thanks for your support!!! ***
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