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Joe_Keegan
Jan 12, 2017 9:36 AM

SHORT EURGBP Short

Euro Fx/British PoundFXCM

Description

Currently looking at a short opportunity on eurgbp. if we can close below previous candle wick then I will be entering short. We have rejected the monthly key level multiple times on daily chart and have just completed the d leg of an ebcd pattern so I'm targeting a 61.8 Fibonacci retracement back down. Several confluences on this trade with a decent risk reward if we can close lower.
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