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jsaettele
Mar 11, 2016 2:21 PM

EURGBP Resistance  Short

EURO / BRITISH POUNDICE

Description

EUR/GBP has come into and responded to resistance from an internal trendline. Trade since November composes a possible head and shoulders pattern. From an Elliott perspective, trade since 2/25 sports impulsive weakness (5 waves down) and corrective strength (3 waves up take the form of an expanded flat). For details, more trades, and analysis, visit sbtradedesk.com.
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