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After doing my analysis. I have decided to open a trade on this pair and short the pair, as I believe it will reach a lower price.

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Looking like a short. lets just wait and see.

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Publishing this late but I entered this trade and will be looking to hold

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double bottom

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everything looking up

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.

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multiple rejections from the 72.000 zone

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fib action

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Fib

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If wrong this trade will be over very quick

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resistance broken and daily fib

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Just looks like a reversal is on the way the bearish movement just seems to have slowed down abit

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FIB

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Things seem to lie up on the trade. Could take months if this trade comes through.

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higher highs etc... Fib looks to have been activated with the bullish candle to reject the 61 fib level and the key level aswell.

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I have reentered this trade due the latest rejection of the key level and the fib rejection the truth is that this has happened many times before this month so I will be watching closely just in case

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OK THIS WILL BE THE LAST TRADE I TAKE ON THIS PAIR IF IT GOES AGAINST ME!!!!!! (I have said this before and failed)

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With a series of higher highs and higher lows I have decided to take this trade of the next step which is the fib level.