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LAMBO77
Apr 21, 2015 12:08 AM

AUD/USD Bullish 2618 pattern formation. Long

Australian Dollar/U.S. DollarFXCM

Description

Bat pattern has completed and has set up a classic 2618 formation.

1) Price level has retraced back to the 618 Fib level
2) Place take profits at the 1.272 or 1.414 Fib level
3) Place stops at the .382 Fib Level

Please don't hesitate to let me know what you guys think. I'm more than open to constructive criticism and insights.

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