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Short

2014/05/09 (Friday) Price Action

FX:GBPAUD   British Pound/Australian Dollar
17 0 1
The down trend still strong after a 13 day retrace and strong 5 day rejection at resistance.

It is also keen to note a nice rejection off of the 8-21ema today as well.
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I will take shorts upon valid price action.
Earliest signal option will be Monday NY Close.

On Monday:
Inside bar or pin bar from 8-21 EMA area, set pending on close or low of Friday's bar.
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