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WE'VE BEEN WAITING FOR THIS RETEST OF CHANNEL TOP THAT WAS INITIALLY BROKEN - MORE OF A SUPPORT TURNED RESISTANCE, PROVIDED THE FAKE-OUT MENTIONED HERE IS TRULY ACTIVE. SO, TECHNICALLY SPEAKING, WE SHOULD HAVE A BEARISH MOVE ANYTHING FROM BELOW THAT CHANNEL TOP @1810/15.
WE'LL TAKE SELL POSITIONS BELOW @1810/15/05 AND PUT SL @1825 OUR TAKE-PROFIT LEVEL WILL BE OPEN (YOU CAN CHOOSE YOUR BASED ON LEVELS SPOTTED)
THE ONLY CONCERN HERE IS THAT THERE NEEDS TO BE A STRONG FUNDAMENTAL RELEASE THAT WOULD SET THE STAGE FOR THE DUMP; SOMETHING THAT WOULD AFFECT USD OR SAFE HAVEN ASSETS. WE CAN ONLY WATCH AND SEE.
REMEMBER, NOTHING IS FIXED IN THIS MARKET. SO, CONTROL YOUR RISK AND PSYCHOLOGY!
DISCLAIMER: DO NOT TRADE WITH BORROWED MONEY OR THE ONE YOU CAN NOT AFFORD TO LOSE. FX IS A HIGH RISK HIGH REWARD MARKET AND VERY VOLATILE