motleifaul
Short

Retracement done

FX:EURGBP   Euro / British Pound
19 1 0
The past downmove was to long than beeing a correction only. I suppose that -vice versa- it shows the end of the upward correction, that begun on July 19th and ended July 21st.
Consequently, we will now, that the downmove itself has been corrected, see the continuation of the bigger downmove that has begun July 10th.
I am closing this deal with loss. The price was not able to correct down after the recent rise. That#s why I cannot exclude a further rise despite the near of the falling pronk.
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