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FedericoSellitti
Sep 25, 2019 10:28 AM

EURGBP rejection on an ascending triangle Short

EUR/GBPOANDA

Description

EURGBP keeps its bearish setup with the moving averages, although the price is moving up and down within an ascending triangle pattern.
We can try to take advantage of the rejection we just had at the top of the triangle to open our short position with the stop loss above the resistance and the take profit right above the uptrend line.

Trade closed: stop reached

Stop loss reached
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