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GBPUSD-Weekly Market Analysis-Jan21,Wk4

Potential Head&Shoulders formation with RSI Divergence is critical criteria for me to look for a shorting opportunity. Having a bearish engulfing candle would have validated the setup, however, if the candle gap up, as long as it didn't break and close above the red box, it will still be a valid setup.

RaynLim

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