SGZed

KPFX Task1 #1

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FX:EURGBP   Euro / Libra Esterlina
Price for EURGBP has already approached the supply zone and this is a golden opportunity for short selling this currency pair. If you view it from a 1Hr time-frame as shown in the picture above, you can clearly see a bullish W has been fully formed which provides greater confluence for shorting this pair as well. I already draw a grey line which I expected price to break and re-test it before further descending to the demand level.
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