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Snehath
Jan 5, 2017 1:32 AM
AUDUSD Short NOW at 0.7300 with a bearish deep crab
Short
FX_IDC:AUDUSD
15
AUSTRALIAN DOLLAR / U.S. DOLLAR
ICE
Description
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Jan 5, 2017 1:32 AM
Happy New Year everyone.
This is my first trade for 2017. I see 0.7300 as a strong resistance and this is further confirmed by a deep crab pattern setting up. The trade is now triggered. My entries are shown below.
I will target the 0.7150 level for the final ticket.
Ticket 1:
Direction: sell
Entry price: 0.73
Stop loss: 0.7335 (35 pips)
Target: 0.7260 (35 pips)
Ticket 2:
Direction: sell
Entry price: 0.73
Stop loss: 0.7345 (45 pips)
Target: open
Trade closed manually
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Jan 6, 2017 12:18 AM
I closed this trade with 4 pip profit. It almost hit the stop loss after the initial positive reaction so decided not to hold on to this further.
AUDUSD
Deep Crab
Harmonic Patterns
harmonicforex
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