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ProfxCapital
Jun 11, 2019 1:30 PM

Bullish Exhaustion on EUR/GBP?  Short

Euro Fx/British PoundFXCM

Description

I developed what I believe is a foreseeable resistance and Support Zone on the 4 hr chart. Using proper money management should allow you to with stand any more bullish spikes. I would keep stacking positions if this pair rises in the next 48 hours.

Remember to only risk 2% of your account per trade to make sure you're not completely taken out the game.
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