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esteban

Reversal on ASX 200

Short
Australia 200 (OANDA:AU200AUD)  
esteban  
OANDA:AU200AUD   Australia 200
reversal asx200
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reversal asx200
I'm shorting the ASX 200 on overbought conditions.

This reversal trade offers a good risk-reward ratio.
Take profit: 200 EMA
Stop loss: last Friday's high

Good luck.
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