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nadavhurwitz
Jan 26, 2021 10:14 AM

GBPUSD - Long Long

British Pound/U.S. DollarFXCM

Description

AB=CD pattern
Bullish Hammer candle on support line (A)
Price finds support on 55 & 100 moving averages.

possible resistance at resistance level (B) and downward trendline (C)
I recommend to move stop loss to entry point at this point since a possible reversal may occur.

Share your view.

Happy Trading!
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