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Fomenka
Aug 15, 2013 10:32 PM

EURUSD short Short

Euro Fx/U.S. DollarFXCM

Description

So hard to stay in shorts after such moves. Nevertheless the price did not violate my previous count but completed it. Fundamentals support strong dollar and the last abrupt move can form right shoulder of the H&S pattern. RSI at lower time frames also indicate exhaustion of the move up and on higher time frames more leeway to the downside.

Waiting and learning.
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