petertrader1

Same set up again

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FX:AUDNZD   澳元/紐元
1
If only we spotted this sooner ayy...as you can see price has rejected the 61.8 fib line ( that would have been our initial entry point with stops just above) our first take profit would have been at the 200 and 50 ma lines.

A break of that would have seen us take profit at support level 1.0500

A break of this support will see further downside movement to fib -0.27 extension

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