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EURUSD: Counter trend trade on EURUSD
27 0 3
EURUSD, 60 Short
Counter trend trade on EURUSD

Nice counter trend trading opportunity here. Why? 1. We have fibonacci confluence from a previous high @ 618 2. RSI is overbought 3. ABCD completes close by 4. We are at a strong trend line support 5. We also have a diagonal trend line resistance (not currently drawn on) which would support the shorting bias. Depending on your strategy you might require some ...

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