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Proszi
Sep 21, 2020 10:38 AM

Short on Retracement Short

British Pound/Australian DollarFXCM

Description

Looking to sell on the back of the broken ascending TL in confluence to our 0.618 fib retracement, previous area of S&R, respectable descending TL, and MA50 which is supporting nicely the bearish momentum.

Trade will not be valid if we close ABOVE the 0.618 fib level
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