depropex

EUR/USD SHORT

Short
FX:EURUSD   Euro / Dollaro
1
My ROC analyzis points on pattern repetition that is currently developing in this pair. I expect a little more advance before possible contraction pattern and declining. Now the price should not get too high, therefore sell oppourtunities are expected and i think there will be many of them, breakout of contracting pattern and weak retracement after first decline will be considered as confirmation. However, declining might begin sooner and with no advancing before. Therefore I am short , with stop sell.
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