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srcontrol11
Jan 19, 2016 7:02 AM

SBH2016 Short with Cypher Confirmation Short

Description

The current price has risen to the .786 Fib level of the current move down. If it holds we can see a massive move down through structure lows down to the 12.30 level. I really like the short here. Early entry would be anywhere within the previous price bar. Conservative entry would be a break below the 13.93 level of structure low.
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