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GBPUSD Short
British Pound / U.S. Dollar
Short
GBPUSD Short
By mustard
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Nov 2, 2013
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Nov 2, 2013
Events leading up to the daily double top justify a short trade.
Bearish 3-drives type pattern, possibly only failed due to 'no tapering yet' announcement.
Bulls failed to maintain momentum, identified by double top on daily chart.
EW count suggests a correction is in progress.
mustard
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