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GBP-USD Trendline Break Down.wmv

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Uploaded by on Nov 22, 2009

In this video we'll review the trendline break that the GBP-USD made on Friday. Price broke through the trendline, consolidated, then formed a pennant pattern. Entering the trade off of the break from pennant would have yielded 80+ pips.

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Howto & Style

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  • Correct. What your suggesting at 3:45 is pullback from trend line break, support turning into resistance. Kiss the back of trend line and going south.

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