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bigpipin
Nov 13, 2013 6:31 AM

double top short for bgpusd Short

British Pound/U.S. DollarFXCM

Description

Price has seemed to had a pullback to our massive monthly triangle finally and has now also made a double top on the weekly chart. Based on the double top criteria we could see the cable fall a possible 400 pips to which is also the 50 fib retracement of the weekly ab leg over the next few weeks.
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