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priesh
Feb 6, 2017 8:12 PM

Head and Shoulders Pattern Indicating Downtrend Short

Euro Fx/U.S. DollarFXCM

Description

Spotted a head and shoulders pattern on this 4hr EURUSD chart signalling a downtrend over the next few days. 1.07069 looks like a good entry point. Crude oil inventory for US is going to be released on Wednesday, this will most likely have an impact so I'll be watching this space closely!
Comments
priesh
Trade closed. Target reached!
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