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Potential shorts
There is a first area with the diagonal down then a second area. Often times, price might push to the second area after stopping for a couple of days at a diagonal.
The intraday trader might want to pay attention to the area of the diagonal as those reactions to the short side can often times be 25 to 40 pips and they happen quickly.
The intraday trader might want to pay attention to the area of the diagonal as those reactions to the short side can often times be 25 to 40 pips and they happen quickly.
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