afhacker

Catching the upcoming breakout

Short
FX:EURGBP   Euro / Livre Sterling
3
As you are seeing price is consolidating in a flat line and the previous impulsive was was very strong bearish wave so if we compare those candles with current consolidation candles we will find out that no one is willing to buy this thing and everyone is waiting for another down wave, shorting it now allows us to have very small risk and catch all most the whole move of up coming breakout, If price reversed we will lose small if it goes in our way will win more than anyone else.

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