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MarginKiller
Nov 13, 2017 5:52 AM

EURGBP analysis  Short

Euro Fx/British PoundFXCM

Description

Reasons for entry-
1.Pair made 4 touches on resistance trendline
2.Kept on making lower highs
3.Fib retracement shows bounce on trendline falls on 61.8%
4.There is a lot of previous resistance at this point
5.200 MA touching previous candle.
6.Low risk trade
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