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Willpower87
Aug 3, 2015 11:55 PM

EURUSD inverse HS didn't break out new formation 

Euro Fx/U.S. DollarFXCM

Description

Friday night was a shocker, didn't expect it to test the shoulder line this fast. Closed the previously mentioned long position around 1.1080 coz price was too stretched.

Now I think EUR will be under pressure until NFP, but then sell the news and it'll start to rebound.

This Gartley pattern also adds to my view:

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