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sf.funke
Dec 21, 2016 4:11 PM

Monthly Double Top Short

U.S. Dollar/Swiss FrancFXCM

Description

We have a breakout and a monthly resistance hit. On the daily chart you can see that he failed two breakout attempts to the bullish side. He formed a double top on the 4h chart. This indicates a bearish movement which could continue to the downside. Whenever he should break the trendline, there is an possible entry point.
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