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Ruinberg
Sep 3, 2018 2:42 PM

GBP's flooding Short

British Pound/U.S. DollarFXCM

Description

Cable was not able to break the top of the channel, neither my previous idea wasn't realized, we are still inside a powerful downward trend (try to argue with the obvious), and the best solution would be to sell at a high, at least 1/3 from the top of the channel, after it failed to breakthrough it, in order to wait until it hit's it's bottom.
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