Sunday, 29 January 2012

AUD/CAD Analysis

Daily timeframe - we're sitting on big resistance, if this breaks, theres no resistancer anywhere so the skys the limit.

- Nice set on inside bars sitting on this resistance at 10662
- Trend up and strong
- Moving Averages still pointing up
- Order to go long if mother candle of inside bar breaks up

STOP: 10612
ENTRY: 10686
LIMIT: 10908

RISK/REWARD: 3/1

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