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danndc
Apr 2, 2015 3:08 PM

bears to retreace if daily candle closes as shooting star invert Short

British Pound/Australian DollarFXCM

Description

this is my possible trade idea. GBPAUD gaves signs of trend inversion in h1 and h4 forming lower lows.

my idea is, if the daily candle closes as shooting star, to place a sell order at the 50% retracement of the hugh shadow aiming for the 0.618 fibonacci level and see what happens there
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