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OD_Fx
Mar 6, 2019 12:06 AM

AUD/USD - LONG Long

Australian Dollar/U.S. DollarFXCM

Description

Entered this trade based upon several different factors all stated below.
1. Market seem like it was finding trouble breaking structure at @0.78 Seems as if there was a accumulation of orders in this region
2. This was then confirmed by the recent daily pinbar rejection suggesting short / long term potential bullish movement in the market
3. We then scaled into the lower timeframe to find a entry reason in which i established a descending trendline / flat bottom triangle being broken this was a signal to go long
4. Pinbar rejection after the breakout for precise entry
5. Plus EMA's on 2H crossover to the upside

. Targets as based upon most recent structural level on Aussie.
Comments
ForecastCity
Nice TA. Thanks for sharing it.
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