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locarlo
Nov 4, 2018 7:33 AM

NZDUSD Short

New Zealand Dollar/U.S. DollarFXCM

Description

A Rejection Candle that signify that buyers cannot push the price higher for a possible reversal scenario. We can look for a possible short trade in the lower time frame, specifically in the 1 hour time frame. This will push the price back to the major level of daily structure around 0.65180.
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