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themikewwfx
30. Aug. 2016 01:11

Break and Retest Short

EURO / AUSTRALIAN DOLLARICE

Beschreibung

Price has really been struggling to break above the long term daily trend line shown. With the daily candle forming a nice high test candle and multiple breaks of the 25 SMA its looking quite nice. on top of that there's plenty of room to move down back to the 100 SMA, so it's a fairly neat and tidy trade.
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