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IceTrading
Jul 28, 2015 2:36 PM

EURGBP Descending Triangle Pattern Short Short

FX:EURGBP60
Euro Fx/British PoundFXCM

Description

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Perfect setup for a short. Stops above the previous swing high.
Upper Trend-line of the Descending Triangle Pattern has held on both the chart and MACD.
This offers us a low risk opportunity to jump into a short position on the euro.

Happy Trading!
euroEURGBPshortDescending TriangleMoving Average Convergence / Divergence (MACD)resisstancetrend
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