Tuesday, June 3, 2014

GBPUSD Presents A Potential Swing Trade Short Below 1.6778

Since the declines last Wednesday which broke beneath the bullish trendline from Nov 13 lows, price has retraced towards the 1.6778 resistance zone. Thursday's Rikshaw Man Doji warned of the retracement with a bullish close on Friday being reminiscent of a Morning Star Reversal (3-candle bullish pattern). Usually I



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