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ImanAttarzadeh
Feb 9, 2017 10:20 PM

GBPAUD daily and 4H pin bars Short

British Pound/Australian DollarFXCM

Description

Nice bearish pin bar formed on daily chart and lots of smaller pin bars rejected the resistace lines. These pin bars are also formed at 50% fibo level.
The price may move up to 1.6430/40 and move down again.

Comment

Price dropped to 1.6250...wait for flag and sell the breakdown

Comment

The short trade is still valid.
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