TomProTrader

#GBPCLP: BEARS CLEARLY AROUND, EXPECTING DEEPER MOVE! #FOREX

FX_IDC:GBPCLP   BRITISH POUND / CHILEAN PESO
9
Traders,

UPDATE: Had a significant move to the downside here, expecting some good move.

Really good bearish momentum off of the support/ resistance transition line. Notice the nice Fibonacci ratio confluence ceiling making this a good time piece for accurate entry, where we can initiate a clear R/W plan.

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Best regards,
Tom
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