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Shingi_Lesetedi
May 3, 2020 6:27 AM

EURGBP Possible Second Drop Short

Euro Fx/British PoundFXCM

Description

Price is trading within a wide horizontal channel with strong reactions on either side. The current trend is down and we are in an accumulation/consolidation range which looking at the preceding trend might continue down. If we get good PA at the highs of the small range and the stoch peeking out into oversold area we could look for a low risk short opportunity .
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