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Johnny_Yu
Aug 1, 2016 1:23 PM

SHORT AUDUSD AT THE PULL BACK Short

Australian Dollar/U.S. DollarFXCM

Description

Reasons are as follows:

Daily 61.8% retracement

Nice M pattern to short when retest 0.7588 to 0.7605

Target: 0.7503 with good profit margin

Order cancelled

Comments
Johnny_Yu
price went to target before retesting the level. As the rsi was above 60 upon arrival, trade was not trigger.
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