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I_B_Pippin
Sep 23, 2016 12:36 PM

False Breakout leading to double top gives USD strength to fall Short

New Zealand Dollar/U.S. DollarFXCM

Description

I believe that with the price failing multiple times at the .73558 area combined with the failed triangle only give credit to a USD gain on the NZD. looking for a bounce off the major trend line marked in red for a entry .72714 with a stop at .7293 and a target at .72000 since thats the next area of intrest.

Comment

looks like we fell into a sym triangle

Comment

moved my stop to my first target now the send target of .71024 is in play
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