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sdtrader
Aug 14, 2014 1:47 PM

GBPUSD, Potential demand zone Long

British Pound/U.S. DollarFXCM

Description

On the daily time frame, GBPUSD found support approximately around 16645
To capitalize on a potential short term rebound, a small potential demand zone has formed, and hence, long with stop loss below the pinbar, TP below the flip zone (supply zone) in red.
Comments
sdtrader
breakaway gap?
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