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Technical12
Aug 12, 2016 7:05 AM

EUR/GBP | 12 August 2016 |  Short

Euro Fx/British PoundFXCM

Description

- Previous structure high big turning point after brexit
- Market printing a clear range between brexit high and low @0.83289
- Bullish rally from 0.83
- Price stalling on all timeframes especially the daily printing indecision / strong wick rejection at this level which we'll be using for our entry signal
- Entry at the low
- Stops above the most recent high
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