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SilverTrader925
Sep 18, 2016 11:17 AM

EURGBP Short Head & Shoulders Short

Euro Fx/British PoundFXCM

Description

This is the daily chart there is a head and shoulders forming if it follows through and breaks down we should see price move down and find support at the longterm trend line. The short is also supported by the fading momentum shown by the RSI Divergence and the Stochastic is in the overbought area.
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