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motleifaul
Jan 6, 2015 3:24 AM

What doesn't rise may fall however Short

Euro Fx/Australian DollarFXCM

Description

No idea whether this is an up- or a downtrend. We see a failure to regain the median line of the mirrored pitchfork and a growing downward momentum, however. That's why I assume that the Euro will meet the target within the ellipse now before possibly resuming its uptrend.
Comments
motleifaul
The target has been almost reached and I am taking the profit now.
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