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jaktrader
Dec 7, 2016 8:52 AM

Short EURAUD Short

Euro Fx/Australian DollarFXCM

Description

Short

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After bad GDPs numbers AUD took a hit but our pattern occurs...

A nice doji formation with some downtrend momentum gave us the signal in the resistance of 1.444 with confluence of the 61.8% retracement of the previous downtrend wave

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3 consecutive price rejections...

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Last resistance level...

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Great trade overall..! Lets protect our profits now ;)
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