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Cenotaph
Jul 27, 2016 1:49 PM

EURCAD Short Short

Euro Fx/Canadian DollarFXCM

Description

1) 0.618 fib level false breakout, strong selling on the daily chart
2) break of structure (green diagonal line) is an indicator that the short is probable.
3) Lower highs, lower lows at support resistance area.

Get in for this short, 1:2.6 RR. Tomorrow there's EUR currency news from Germany, be aware of this.

Good trading all
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