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aarondiavova
Jul 16, 2019 5:17 PM

price trap 

FX:NZDUSD60
New Zealand Dollar/U.S. DollarFXCM

Description

⋅
wait for a break of support (floor)
wait for a RETEST (where price closes below the previous level of supports as a new resistance (ceiling), it is safe to enter

Price doing this is a Continuation of an DOWNtrend.
Harmonic PatternsTechnical Indicators
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