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Just_Tsholo
Nov 12, 2017 7:48 AM

AUDUSD Bearish Flag  Short

FX:AUDUSD240
Australian Dollar/U.S. DollarFXCM

Description

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The reason I'm short on this pair is that price is currently in a downtrend (Confirmed by the 200 EMA) I will enter a short position if price breaks and trades below 0.76270 as it is the support for the ranging channel.

Trade closed: target reached

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Trend AnalysisChart Patterns
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