binaryoptions
Long

BUYING CALLS FOR END OF WEEK EXPIRATION DATE

FX:AUDCAD   Australian Dollar/Canadian Dollar
78 0 0
classical corrective pattern here, a flat, with the structure being an abc, 3-3-5 and now looking for a move higher....expiration data is extremely important as this being Thursday, we will go for end of week (this week) expiration looking for flows to come in to support the pair........flats are usually being followed by an aggresive move in the short term period after the flat is done.......hence the expiration date
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