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NavFx
Jul 29, 2020 7:02 AM

AUDUSD Clean Reversal Price Action Short

Australian Dollar/U.S. DollarFXCM

Description

Price is forming a 3 touch ascending structure on the 1 hour time frame. On the smaller time frames, you can see price coming to the third touch very corrective showing bullish weakness. Waiting for confirmation with a fake-out or Rejection and confirmation for downside to occur. No confirmation = No entry.
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