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EvanJones
Oct 9, 2015 1:26 PM

NIKKEL H&S Formation Short

Nikkei 225 index of Japanese listed sharesFXCM

Description

I recently posted that some potential selling area lied in the region of 18320 to 18500.

Price has since pushed into this region and has shown a potential Head & Shoulders pattern, which would imply that a move lower towards the weekly pivot is likely.

I'm short now on this pair, with stops above the highs and target is the green (weekly) pivot
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