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ndjf310
Jan 31, 2018 2:46 AM
AUDUSD SHORT Bullish Flag Broken
Short
FX:AUDUSD
240
Australian Dollar/U.S. Dollar
FXCM
Description
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Jan 31, 2018 2:46 AM
I am shorting AUDUSD for the following reasons:
It has broken a the ascending bullish flag it was on. [ I am expecting a retrace to the trend line for a good short]
* It is simple price action.
If the candle were to go up pass the trend line it would invalidate my trade activating my Stop Loss and would wait for a retest to go long.
Comment
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Feb 1, 2018 5:59 AM
I was waiting for a retest to go long but it went back short retested it twice so i see AUDUSD falling
Trend Analysis
Chart Patterns
short
breakoftrendline
FLAG
pattern
patterntrading
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