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ozzyp1996
Mar 20, 2016 8:02 PM

EUR/GBP SHORT SETUP Short

Euro Fx/British PoundFXCM

Description

I entered this trade on Thursday around 11:30am an hour before GB budget news was released but I anticipated that it would make a downside turn after it failed to hold momentum when it aimed to make a second top.
Still time to enter to hit TP 1 as the RSI is at 51. possible bounce back up to 0.7778 expected before a continuation to the downside :)
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