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Fmunye
Jan 13, 2018 3:37 PM

AUDCAD  Long

Australian Dollar/Canadian DollarFXCM

Description

Potential long however due it finishing with exhaustion candle i am expecting a pull back to retest structure before going long. This potential long looks good due to the market breaking the weekly counter trend-line. However we do not know how far the pull back will be so therefore we will wait and see. I have used fib extension to show me area of high confluence where i think the market will pull back and fill more order before continuing the long trend.
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