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Ometrading
Mar 5, 2018 11:10 PM

DECELERATION+RSI DIVERGENCE= TIME FOR CORRECTION Short

EUR/AUDOANDA

Description

Price was showing a clear deceleration on the price. Also, RSI divergences has formed on 1h-4H frames. Bullish TL has been broken, so we can expect a bearish movement till the daily support.

Comment

Price next to hit first target(38.2 fibonacci retracement)
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