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dustijohnson
Oct 21, 2016 11:05 AM

Watching Long

Euro Fx/U.S. DollarFXCM

Description

watching for a counter trend position. If RSI is overbought and a double bottom with divergence occurs I will go long and place targets at .382 fib retracement. Fib extensions fall on a support area that was last tested in march. Also an ABCD pattern will complete here. I expect some sort of reaction at this level. Lets see what happens
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