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forexlye
Aug 27, 2016 11:57 PM

W36 False breakout, back into downtrend channel Short

FX:EURUSD1D
Euro Fx/U.S. DollarFXCM

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EURUSD broke out and took 8 days to consolidate. Now it's back into the downtrend channel. For day traders, the 8 days was the tricky part in choosing the direction.

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