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theselfishtrader
May 20, 2018 8:37 PM

Low Risk Bear Trap on AUDNZD Long

AUSTRALIAN DOLLAR / NEW ZEALAND DOLLARICE

Description

A gentle pullback has tested minor support
An inside bar pattern at support appears to have failed to follow through on a break of support
Price is reversing with some strength and will have trapped any bears that went short on the break
Good RR on a long, targeting the most recent highs at
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