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trading2day
Apr 5, 2016 1:47 PM

$1,200 is the level Bulls do not want to see broken Short

Description

With Stochastic oversold on the weekly chart and turning lower, price got rejected at the 78.6% Fibonacci retracement and targets 833$. This scenario has more chances of success if price breaks below the weekly Kumo (cloud support) around $1,200. My stop is at 1387$
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