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jforex78

HK50 Bear Trap - Going Up.

Long
Hong Kong 50 Index (PEPPERSTONE:HK50)  
jforex78  
PEPPERSTONE:HK50   Hong Kong 50 Index
Chart Patterns
3
0
chartpattern
HK50 consolidated all Friday.

And shows a Bear Trap on Monday Tokyo open.

Huge divergence.

This is a textbook setup.

I wont be surprised if it Goes Up!!!
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