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SM_001
Sep 3, 2016 5:30 PM

AUDCAD - Structure Trade Short

Australian Dollar/Canadian DollarFXCM

Description

A number of possibilities on this trade. Price action closed just below the support of the flag with RSI not oversold. If price continues down to previous low there may be a possibility to go short on the pullback. That would also trigger a double-bottom which could create opportunities to go LONG!
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