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JamesCorreia
Nov 26, 2013 4:27 PM

EURUSD 240min setup Short

Euro Fx/U.S. DollarFXCM

Description

Just shorted EURUSD at market. We have a possible double top on 240min chart with RSI bearish divergence. Stops go above structure, target at structure level with fibonacci 113% extension confluence from last swing low. Target is also placed there because we have a Cypher advanced pattern completion right below it. Risk/reward on this trade is displayed on the chart.

Best regards
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