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Feb 11, 2016 11:27 PM

EURGBP - H4 Short set up - Pattern projection Short

Euro Fx/British PoundFXCM

Description

Following analysis form W1 and D1, on H4 chart the price is pressuring the resistance channel and a bearish divergence is present. A bullish Shark pattern projection emerges and could be a good opportunity to go short pointing channel support.

On H1 chart, a bear divergence is present and you can project a bullish Shark pattern too...
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