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kartiksharma0190
Oct 22, 2020 10:14 PM

Confluence maybe? Long

British Pound/U.S. DollarFXCM

Description

This pair has been consolidated at 50% fib and rejected multiple times from that level which is also backed by strong key support. There is a good chance that retracement is now done and it should go long now.
Another scene can be that it can break that 50% fib level can go down to its trendline support.
Just my analysis. NO ADVICE. Play safe.
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