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Lay-Z
Aug 31, 2016 1:38 PM

$$GBPAUD (CURRENTLY FLAT) (GAME-PLAN) #WEEK 34 Long

British Pound/Australian DollarFXCM

Description

$GBPAUD

Tech-Map
Inverse Correlation With AUDUSD,
With AUDUSD Breaking Out Of The Rising Wedge Here's A Possible Entry For Long GA
,
GBPAUD I've Acknowledge Possible Entry To Get Into A Long Positions
--How I'm Going To Play GBPAUD
-- GBPAUD Finally Broke Out Of Resistance AREA which WAS Roughly 1.74236
--- Expecting A Possible Re-test Of The Once Resistance Turns Support Area
--IF price RE-TEST that area and close above 1.74236 I Will Then Be Entering A Long position!

My Target 1 - Will Be 90Pips Aiming For A Possible Test Of my
Fibs Confulence 23.6%
& My Second Target Will Be Roughly 200pips Aiming For
A Possible Re-test OF Structure.

Comment

Re-tested and slightly above now lets see how this candle closes before entering

Comment


Currently Re-testing Resistance

Trade closed: target reached

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