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Timcqueen
Oct 20, 2017 8:59 AM

ABCD Bearish Pattern 

EUR/AUDOANDA

Description

I would go with the C Leg forming now but the RSI shows that there is more bullish potential. Assuming that It would reach 61.8 retracement of A Leg then exhaust buying momentum, I'm looking towards a bearish extension of the C Leg down to previous structure.

Trade active

Trade closed: stop reached

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