


lovelace
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0Joined Apr 6, 2014
crabpattern
fibonacci
gartleypattern
sharkpattern
usd-us-dollar
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This pair completed a crab pattern yesterday. I entered short at 1.67667. Looking to take profits at 1.66644 and 1.65483.
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The CD leg of the shark pattern has reached the 1.61 retracement of the BC leg. I'm waiting for confirmation of reversal before entering short somewhere between here (~1.389) and 1.40. If the reversal happens sooner rather than later, there is also the possibility of a Gartley pattern presenting an opportunity for a long position somewhere around the 1.3527 support level.
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