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dhoover
Apr 11, 2014 2:39 PM

Potential Reversal? 

Euro Fx/U.S. DollarFXCM

Description

Price action begins to form hanging man at the top of resistance range as stochastics are overbought. I'm jumpy when it comes to reversals on price action, it's most of what I trade, so while this setup is too early to trade as of yet, keep an eye for bearish confirmation.

A close above 1.3892 negates the setup
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