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TheForexSamurai
Jun 14, 2017 7:05 PM

Pattern Based Trading - FOMC and FED news. Short

Australian Dollar/U.S. DollarFXCM

Description

Hi short opportunity here, as we have a potential bearish butterfly pattern completion already and price did react on the 127.20% fibo level.

Could enter on a retracement on the lower TF as ill be expecting market to hit target 1 the very least. Please trade with care and wisely. Remember Sell at high price, and buy at low price for greater reward prior from the risk:reward ratio.

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