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gibbsys
Jul 6, 2021 7:18 AM

EURCHF Short Setup Short

Euro Fx/Swiss FrancFXCM

Description

Trend: Bearish
Structure: Resistance levels

Plan: We have seen price bounce of horizontal resistance a few times. We now look to take a short down to previous low.

Please be aware there is also a point of resistance above, hence price could breakout and retest higher resistance before continuing the bearish trend.

RSI/MACD confirmation necessary before entry.
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