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gibbsys
Apr 4, 2021 10:20 PM

GBPUSD Short Setup Short

FX:GBPUSD240
British Pound/U.S. DollarFXCM

Description

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Trend: Bearish
Structure: Parallel Channel, also support and resistance

Plan: We expect price to hit upper parallel channel line and fall to previous low.

We have MACD confirmation and exit on ADX down turn.
Support and ResistanceParallel ChannelMoving Averagespopular
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