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MoneyForNothingAndPipsForFree

EURNOK short the double top

Short
Euro / Norwegian Krone (PEPPERSTONE:EURNOK)  
MoneyForNothingAndPipsForFree  
PEPPERSTONE:EURNOK   Euro / Norwegian Krone
Trend Analysis Support and Resistance Elliott Wave EURNOK
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trendanalysis supportandresistance elliottwaves eurnok
EURNOK has formed a nice double top close to the 38.2% fib. Unfortunately I missed the entry to go short, I will try to get into the trade once price retraces to the upside. The target of the short would be another touch of the bottom trendline. We also have a slight bearish convergence on MACD.
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