AB=CD

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The pattern ab=cd is completed. There is also a negative divergence in MACD. At least we will have a drop to the bottom of the channel.
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After the price corrected 50% of the cd path and then moved up.
The next price target of the 1.97470 range, prz, will be a larger pattern from which a sell trade can be entered again.
Chart PatternsTechnical IndicatorsTrend Analysis

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