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PardoFX_Trading
Nov 12, 2017 6:42 PM

GU to Break Daily Flag Short

British Pound/U.S. DollarFXCM

Description

Volatility extends range outside the Daily/Weekly Flag for the first time on the 4HR, with range gaining momentum below the SMMA's thanks to trend-line pressure & having performed a 61.8% retracement of the previous high on the 1HR I would expect this to now drop to the outer Band at 130.0 where psychological support would help retest before selling for good.

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