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Hughjengine
Jan 6, 2015 11:48 AM

AUDUSD Short simple pattern 2 blocks down 1 block up,  Short

Australian Dollar/U.S. DollarFXCM

Description

Fundamentally a good short and following a simple pattern. 2 blocks down and one block up. A block being based on the 4hr chart and around 100 pips. Target 77000
It is obvious that people are selling every bounce possible so far.
Comments
Hughjengine
Price overwhelming bearish
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