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harryp17
Jan 5, 2019 12:21 AM

GPB/USD possible breakout  Long

GBP/USDOANDA

Description

using fibonacci retracement (long) we can see the level where the price may go, I used my own analysis and drew my own triangle to also using the yellow horizontal rays to plot support and resistance of previous levels.

Comment

looking at higher time frame this may be a counter trend trade, therethrough I will no look at this and see it as a possible short but we need some more candle patterns to form to give us comfimation
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