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unovation
Jul 14, 2020 5:47 PM

AUDCHF 4H short Short

Australian Dollar/Swiss FrancFXCM

Description

1. Wave A down trended with ABC correction
2. Wave B formed symmetric triangle and broke down support
3. Short position at break down support (now resistance)
4. TP = fib ext. 1:1 of Wave AB
5. SL = slightly higher Wave E of triangle

Trade closed: stop reached

SL reached, position closed
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