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Descending Trendline Holding | EURGBP Sell
Euro / British Pound
Short
Descending Trendline Holding | EURGBP Sell
By m_vahhaaj
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Nov 30, 2020
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Nov 30, 2020
EURGBP
Confluences:
1. 0.9 Psychological Resistance.
2. Falling Trendline - 3rd Touch.
3. 61.8% Fib level holding.
4. 50 EMA Resistance on Daily chart.
Setup Invalidation: If price returns and closes above 61.8% fib level.
Entry Signal: Bearish Momentum candle on 1h or 15m.
Are you bullish or bearish?
EURGBP
Fibonacci
SELL
Support and Resistance
Trend Lines
m_vahhaaj
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