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AlexanderMilev
Apr 4, 2013 8:58 PM

EURUSD retracement pattern Short

Euro Fx/U.S. DollarFXCM

Description

Once again the price has broken above the H4 kumo and a retracement for a retest (of the kumo top) will be the 236 fib level. I expect this retest to happen even if this is the start of an uptrend. Next H4 candle will probably go up to test the high (1.2950) before dropping.
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