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amanpaulbhogal
Jan 17, 2016 9:20 PM

Short term short trade on EUR/GBP Short

Euro Fx/British PoundFXCM

Description

Using divergence, Stochastic bearish this time, a temporary short position has lined up on the 4 hour time frame on EUR/GBP. Price has given an inside bar below resistance and the 1.618 Fibonacci extension level. Targets may be placed at previous support where price could go to.
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