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CHOFX
Feb 12, 2022 3:14 PM

AUD USD - 2HS Short

Australian Dollar/U.S. DollarFXCM

Description

Price could be forming a Rising Channel. After the 3rd touch on the upper trendline (Fib extension level).
I'm waiting for the price to visit the 61.8% Fib retracement level before a possible break out of the channel.
Second scenario could be a Double Ceiling .
SHORT until TP.

Trade safe!
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