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GBCHF further short Setup

Ok so I’m looking at a GBPCHF short again.

We are well below the signal line and you can see there is around an 80 pip rally a time before another drop – notice how the massive indicator is showing two trends A sterling falling and B CHF moving up, you’ll notice as well that we are just below resistance @ 1.51315. So I have a short entry on target down at 1.50579 before the next support.

 

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