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Euro/Gbp ready for short ??
as we see from the daily chart , it is close to a great resistance fibo level and the descending channel top , we can open a nice short position if the price reaches the fibo 0.618 level around (0.914 - 0.915) with a appropriate risk to reward ratio .
if we have retest from fibo 0.5 level we can make a sell there too with fibo 0.236 level target .
for now we should watch how it behaves .
[ possible come backs : fibo 0.5 level (0.91) _ fibo 0.618 level (0.915)]
if we have retest from fibo 0.5 level we can make a sell there too with fibo 0.236 level target .
for now we should watch how it behaves .
[ possible come backs : fibo 0.5 level (0.91) _ fibo 0.618 level (0.915)]
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