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I'm finding some really nice retracement levels and support levels here. Looks like price is also doing that market manipulation thing where it sets up really nicely and wipe out the stops below that major doji about 4-5 bars back.

Our stop loss is based on fibs so it's gonna be just a few pips below that. Low risk high reward trade.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

Performed by Dean Leo,
Analytical expert
InstaForex Companies Group © 2007-2019
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InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.

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Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 48.65% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.