EURGBP Short Opportunity

Price is going to break the uptrend line and pass through the kumo. If this attempt is successful, we'll have short opportunity. Place sell-stop orders below 0.87500 level with stop above 0.88300 level. Profit target for short trades should be at 0.87000 and 0.86500 levels. The sell signal will be more reliable, if ADX line rises above 20 level. In such way we'll have a confirmation of strong price movement.

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