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chayes

Range resistance bounce

Short
Australian Dollar / U.S. Dollar (OANDA:AUDUSD)  
chayes  
OANDA:AUDUSD   Australian Dollar / U.S. Dollar
Support and Resistance bounce
1
0
supportandresistance bounce
Summary
If price hits resistance level (in green), assume price will bounce and move towards support level (in red).

Risk/Reward
6.5:1

Take Profit set at red support line

Stop Loss set above resistance (green) line, based on price at blue arrow
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