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brettschoenfelder
Jan 31, 2017 5:02 PM

AUDNZD Long - Counter Trend Long

Australian Dollar/New Zealand DollarFXCM

Description

W
Approaching weekly zone, which has strong move away. Indicating that there are lots of buyers interested at these low prices

D
Trend is down, but approaching Daily Demand Zone.

240
The initial zone initiated a strong move away and is nested within a daily level (just above a weekly level too)

TP
3:1

Trade active

Trade closed: target reached

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