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Sensei
Jun 20, 2017 10:39 PM

GBPAUD Channel Setup Long

British Pound/Australian DollarFXCM

Description

Much potential here. Bouncing off the lower boundary of the downward channel. Support and resistance here have been respected very well. Risk:Reward is fantastic, especially if this move produces a a breakout of the channel. Current price action is also consolidating nicely, any bullish push out of that consolidation will trigger me in. Lets see. Happy trading!

Comment


target 1 hit. Watch for additional breakout here
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