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JakeSummers4x
Mar 5, 2016 10:03 AM

CADCHF- ABC D1 (reached) & D2 in PRZ Short

Canadian Dollar/Swiss FrancFXCM

Description

Earlier during the week I posted the Bearish Bat pattern for a sell, inline with a nice fresh Supply Zone.

Looking left, we have nice structure for a sell, but it's also looking like a last safety zone before a move higher than our acceptable stops.

I've highlighted in red, where sellers are likely to enter the market.
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