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RussellFitzsimmons
May 17, 2018 1:04 PM

GN Price action fib short Short

British Pound/New Zealand DollarFXCM

Description

Price peaked at 1.97 with a nice evening star candlestick pattern. We then dropped down to the 127.2 leg of the last wave to form the start of the new channel we are currently in. d leg confirmation at 1.96600 making the channel parallel. Looking to short on confirmation and retest and rejection in confluence with tl and 50% fib level.
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