Entered Partial at this first resistance, will add near the downslope and moving average resistance range. If a break upward with a daily close, reverse or get out. s/l range 12.35-55
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#forex added entry here
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Though I did stress shorting the dollar months back, I wasn't expecting the selling pressure to stay strong. This initial channel setup turned out being more of a falling wedge and bulls came through.
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It would have been a long and pricey hold to get to the profit targets. Live&Learn.