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pablo82
Sep 3, 2017 11:22 AM

HEAD AND SHOULDERS PATTERN Short

Euro Fx/British PoundFXCM

Description

Price has developed clasiical head and shoulders pattern and broke multiple uptrend trendlines including neckline of formed pattern.

I expect two options now, first that price will retest previous structure from the bottom and will drop from there or we will get smaller timeframe correction and drop further.

Still bis is bearish and we should reach at least 0.90500

Trade closed: target reached

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