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AUDGBP

AUDGBP [LONG]Aud has ben pretty short lattely but is oversold and just reached that right spot on fibo also is on rock bottom from last year. FX_IDC:AUDGBP I suggest a little 25% of normal trade market long, followed by another 50% limited buy 0.5405, and waiting another 25% stop buy a little above 0.5422 above the POC If the price decide to pivot on POC I will take my position inmidiatly because that will be a "Im going sooo SHORT" signal, but if it cross it it will be a nice indicator of long period.
Long
by kjzsbtby
AUD/GBP - Overall short as support breaks/potential small longI would expect a fairly large rejection from this resistance line - potential entry 1 for short position if confirmed... If this resistance breaks then we could see gains upto the top of ascending channel support before being rejected and returns to lower support of channel- next test of this lower support channel line is likely to break (Short Entry 2) and we will see drops towards previous support lines - Don't forget to set stop losses and wait for trend break confirmations! Good Luck! #Forex #Trading
Short
by TadeCrypto