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molugururaju
Apr 19, 2017 6:07 AM

GBP short Short

BRITISH POUND / INDIAN RUPEEICE

Description

the D level of the ABCD pattern is giving the SELL signal, the target is c level i.e 80.5https://www.tradingview.com/chart/Bm9NR1bG/

Comment

by the EOD of the Indian session , the GBP reached near the top level of the supply zone, will hold my view.

Trade active

if the price action closes above 83.1000
then my view is negated, square off the same.

Trade active

GBPINR decreased as expected, but in a leisure move, target is B level i.e 81.2447.
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