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Euro / U.S. Dollar
Long

AB=CD on EURUSD

By rohitkaran
Updated
MACD appears extremely oversold and at the same time there is a AB=CD formation on EURUSD. We may see a retracement to the neckline (of the broken H&S) which is around 1.0980-1.10, which can be a great shorting opportunity from a medium term perspective.
Trade closed: target reached
Can extend further though. Look to book out on spikes
AB=CDEURUSDHarmonic PatternsOscillatorsoversold-oscillatorsreversalpattern
rohitkaran
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