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kenneth.maake
Jun 20, 2014 7:30 AM
Not so classic AB=CD pattern but still valid and relevant
Short
FX:SPX500
1D
S&P 500 index of US listed shares
FXCM
Description
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Jun 20, 2014 7:30 AM
50% retracement is not one of my favorites but the pattern is still valid and this might be a selling opportunity if reversal patterns start developing in the next few days. Also take note of bearish divergence on the RSI
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