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bkmatthew
Jun 14, 2019 3:39 PM

EURGBP- SELL- Waiting for Break of Trendline Short

Euro Fx/British PoundFXCM

Description

We can see here that a descending triangle is forming and the price is also approaching a major trendline. If this breaks down we can see a nice move to the downside. Along with this price is approaching a crucial whole number resistance point which acts as a psychological level. I will be looking to short this once trendline breaks and i get a confirmation.
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