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Cenotaph
Aug 17, 2016 2:34 AM

AUDNZD buy on support Long

Australian Dollar/New Zealand DollarFXCM

Description

1) 6 hour candle will close with a long wick indicating buying is strong
2) On the weekly buyers look to be stronger as well, with bounces off the green trend line.
3) Price is probably going for the 1.075 price zone where it bounced off several times now

Enter on the 0.5 fib level of this 6 hour candle

Good trading all!

Trade closed: stop reached

Looked good initially, but it didn't manage to break
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