Taking a scalp long off the double bottom, if it holds then I will plan to sell @ the .764 fib zone.
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I was stopped out of this trade, but have recently re-entered long
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I have exited this position as it seems the resistance at 1.348ish is continuing to batter price down. My initial long term position is short on the pair for a solid pullback, however I really did not want to sell at these levels. I have taken a short position with a tight stop at 1.1348, a break of that would send price likely to the 1.14 area. Good Trading