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nahmed21
Mar 4, 2019 6:51 AM

EA Counter Trend SELL and then Intra-day BUY 

FX:EURAUD60
Euro Fx/Australian DollarFXCM

Description

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- Broke the trend line, currently retesting it.

- Price is projected to drop between the 61.8 or 68.2 zone before moving another leg up.

- Overall Trend is still bullish

- The 61.8 and 68.2 both have the 200 sma waiting to be touched in the 1 hour and 4 hour charts respectively.
Trend AnalysisTechnical IndicatorsTrend Lineseuroaudeuraudshortcountertrendeuraudlong
Comments
nahmed21
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Completely missed the trend line where price rejected for the buy. If I had drawn it up, my bias would've adjusted accordingly.
The sell was a nice scalp, now the buy is to be held for a good time and a long time
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