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Jun 6, 2018 6:25 PM

AUDUSD has broken out on weekly and now it is time to sell Short

Australian Dollar/U.S. DollarFXCM

Description

AUDUSD has made an ABC retrace on the 4 hour and is retesting the previous channel on weekly. I have set my stop at the weekly 14 ATR of 120 pips.

Good luck

Comment

Stop Loss should be moved down now that the top of wave 5 is clearly in. If wave 5 is broken the count is invalidated

Comment

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