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UnknownUnicorn3974120
Nov 29, 2019 5:09 PM

Daily AB=CD with rejection pin bar Short

USD/CHFOANDA

Description

The pair has made a nice 61.8 pattern with price now at a previous level of strong structural resistance.

Price is in the process of making a reversal pin bar signifying a change of trend.

Couple this with other confluences if so required for a potentially profitable trade. Entry point could be a break out on a minor time frame.

Comment

Price made a strong break out.
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