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Risk Management Levels on GBP/USD Short at 1.5244

posted by Avatar fx360 1111 days ago in USD, GBP, Technical made popular 1111 days ago

Since Tuesday of last week (and more clearly identified within last Wednesday's intraday technical report, here ), we patiently waited for prices to rally to 1.5244 in order to complete a developing 8hr bearish butterfly pattern giving us a potential selling opportunity. Additional 8hr AB=CD pattern (gray) severed as confirmation with stops placed
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