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hklns
May 4, 2020 4:00 AM

NOKSEK Short

Norwegian Krone / Swedish KronaFOREX.com

Description

Impulse correction impulse at DP ( supply zone ) , align with 0.618 FIB. No fakeout. Higher risk setup.

Comment

Comment

As of now , the price action is showing compression pattern . In this case , the compression indicates that the market is fulfilling the remaining buy order before the swing low. If the price breakthrough the supply zone , then the set up is invalidates.
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