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nw7
Sep 16, 2015 10:34 AM
16 SEP 2015 : Buy opportunity @ retracement ?
FX:GBPUSD
240
British Pound/U.S. Dollar
FXCM
Description
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Sep 16, 2015 10:34 AM
The price fell into "A" zone. It closed below on 4 hour but 1.53400 level seems to have acted as support.
If the price closes above 21SMA (a blue moving average; bollinger middle band), I will look for a small retracement back into A zone to buy.
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