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asferruzzi
Jul 10, 2016 11:29 AM

AUDNZD pin bar short opportunity Short

Australian Dollar/New Zealand DollarFXCM

Description

Short opportunity has developed on 6 hour time frame. Higher time frames also show perfect downtrend. Price has recently retraced to a previous support area and developed a bearish pin bar. Entry can be placed half way on the trigger candle with the profit target at the next support area with a risk to reward of 3.7.

Comment

Order closed, stop loss reached.
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