Tuesday, December 25, 2012

Watch AUD/CAD For Short Setup

AUDCAD 4H
AUDCAD 4H has just convincingly broke out of a long consolidation zone and it is worthwhile to watch it for any potential short setups. This could come in the form of a pullback to the broken support turned resistance level, it could also come in the form of a bear flag. Price action setups shall be my trigger. It isn't going to happen tonight so I'm going to sleep now, but I'll certainly watch this pair from Wed onwards!

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