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Snipersacademy

GBPUSD Smart Money Orderblock SetupLook for lower time frame confirmations. Long term target is the Daily Low DISCLAIMER THIS IS NOT FINANCIAL OR INVESTMENT ADVICE AND SHOULD NOT BE INTERPRETED AS SUCH. Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Past performance is not indicative of future results. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
Short
by renegadeforex
BTCUSD✓From monthly timeframe BTC is falling and is expected to go below 38000 befort regain it's momentum up. ✓Break of Market structure observed at 406500, which indicates the probability for price to drope is so high. ✓ price also show strong resistance zone at 42290. ✓ This zone can also be considered as liquidity zone, therefore an interesting area above it can be valid entry setup for sell. ✓The high probable selling zone is between 42500 and 42750. ✓ At this zone one can find any berish confirmation and enter or can enter direct and put stop loss above the zone.
BITSTAMP:BTCUSDShort
by nzao
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