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MichalCervenak
Sep 11, 2017 1:04 PM

GBPUSD Structure based COUNTER TREND opportunity. Short

British Pound/U.S. DollarFXCM

Description

We have double top with RSI being overbought and RSI divergence on 240m chart.
Price is at the .886 fib level with structure on Daily timaframe.
aggresive SL is within the structure provides better risk/reward.
conservative SL is above structure so there is higher win% probability.
Targets at 0.382 and 0.618 fib levels.
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