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T_nr2
Jul 5, 2020 11:05 PM

GBPUSD long idea 

British Pound/U.S. DollarFXCM

Description

we have broken the major trend on the htf suggesting bearish movement for the pound dollar but while price dropped we formed an ascending channel which has broke and made an impulsive move in bullish direction before forming a corrective phase. i believe that we may push down a bit more before another impulsive move in the bullish direction forming a h&s pattern while doing so.
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