Alright guys, price broke the support and broke down and is now pulling back into a very good area for us to look for a short opportunity! Not only is it now officially in a downtrend, we have a fib lining up as well as previous support now hopefully turning into resistance. Also, our profit target is lining up perfectly with another key level I have mapped out and is also a psychological level. Let's see how it play out. R/R = 1:4
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ENTRY HIT TO THE PIP! ALREADY OVER A 1:1. STOP MOVED TO BREAKEVEN! HAPPY TRADING.
FibonacciMultiple Time Frame AnalysisSupport and Resistance

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