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SMTMi
Oct 4, 2021 4:33 PM

GBPUSD - Fibonacci 0.68 reached + ABCD continuat. pattern SHORT Short

British Pound/U.S. DollarFXCM

Description

The GBPUSD market price broke a strong weekly support last week at 1.3617
Then the maket retraced to the Fibonacci golden ratio of 0.68
Short opportunity to complete a short continuation ABCD pattern .
And MACD is still showing a berish environment of the market.
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