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amanpaulbhogal
Mar 12, 2015 3:04 PM

Short Cable 

British Pound/U.S. DollarFXCM

Description

Case for entry short:
  • bearish doji bar close;
  • retest/rejection of resistance at ~1.5025; and
  • 0.618 Fibonacci level rejection and close below


entry - below doji close
stop - above doji close
target - ~1.4830 (weekly support level and also 1.272 Fibonacci extension level)
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