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harveytrades
Jan 3, 2017 12:40 PM

EURNOK Resistance + very bearish price action Short

Euro Fx/Norwegian KroneFXCM

Description

Took a position two days ago on 9.08 due to bearish price action and resistance on 100day average + 0.382 fib. Got some very bearish candles these last two days confirming the bearish bias with first TP on 8.93 area.

Also hoping for a break of the rectangle and a continuation of the downward channel/trend.
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