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Saoldric
Sep 11, 2014 10:00 PM

AUDNZD compression triangle Short

Australian Dollar/New Zealand DollarFXCM

Description

last trade was blown out by volatility....trying again, scaling in with a SL above the upper trend line of the triangle and then targeting the 1.103 area of the previous trade idea, .382 retracement zone. afterwards looking for a potential breakout trade to the upside depending if this triangle holds true.
Comments
Saoldric
for those that are interested this is also an AB=CD pattern.
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