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bbatrading
May 4, 2017 12:26 PM

AUDCAD - Shorting! Short

New Zealand Dollar/Canadian DollarFXCM

Description

Daily - Huge wedge. Supposed to break out when E is completed, but the price action is too high for the pair, so it has a tendency to go down.

Hourly - Little head and shoulders that could also add up to the short side.

15-min chart - In the "right shoulder", there's a little channel that indicated the short side as well.

Trade active

Trade closed: stop reached

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