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Apr 23, 2015 3:28 PM

Head and Shoulders and Trendline Breakout Short

Australian Dollar/Canadian DollarFXCM

Description

Currently nearing a break of the bullish trendline. Coincidentally this is the same area as a head and shoulders neck line. A break and close could spark a breakout. The overall head and shoulders pattern is around 1000 pips which would put us around .8500
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