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Brown.Michael.6
Dec 8, 2015 6:00 AM

possible expansion trade Long

British Pound/New Zealand DollarFXCM

Description

after the break of the major down trend there is now a bit of consolidation, on the 30 min chart there is a flat level forming , a break of this could see more upside. there also seem to be positive reversal showing on the indicators. a lower low below 2.264 area would invalidate this trade set up, ideally another higher low would offer a more favourable R:R
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