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Two support lines to use as support.
Profit level is the same range as previous rally.
Perfect pull back entry, before going long.
30 minute time frame
Simple wedge setup with sell entry on the trend line
Descending Channel and fib retracemnt from the previous run higher.
Nice entry for a short position.
Price is now breaking a very important bullish trendline.
Price has been forming lower highs, and we are trading below the 50MA
Stops are above the 12th October high and behind the 0.2360 level.
Two target levels are previous supply and demand zones where there has been a lot of price consolidation.