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itrade2win
Mar 10, 2015 9:56 AM

GbpJpy-Formation Short

British Pound/Japanese YenFXCM

Description

1-hour setup with a Shoulder-head-shoulder formation in alignment with strong 200 sma. Restiance.
And a 50% Fibonacci retracement close to entry. Looking for a retest then a bearish move, towards target1.
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