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BoonHooi
Aug 3, 2016 1:31 AM

EURUSD Bearish 5-0 Short

Euro Fx/U.S. DollarFXCM

Description

I am expecting the pair to go slightly higher to complete the bearish 5-0 patterns at 1.1350.
Then only it would be a good opportunity to look to short
Comments
Charles.Yang
But it's difficult to go higher because there's some degree of resistance at 0.618 retracement.
BoonHooi
This H4 chart that you have here, I see a bearish Bat at around 1.1364. Agree that we are at a minor resistance this moment.
Let's see how this plays out
Charles.Yang
I love 5-0 pattern, especially after a shark.
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