TomiHil
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since Apr 17, 2018
chartpattern
indicator
trendanalysis
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There is a bearish divergence in the AUDCAD for the RSI indicator in comparison to the 1H. If you look at the 1D it supports a sell, this is a retest on the line but there is more of a chance of the price falling than rising. Entry @.9729 With two different take profits depending on if there is consolodation at the first TP of .9695
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There was a strong flag pattern starting 3/19. The length of the 3rd wave is currently the same length of the first wave. Expect a clean retracement at least 180 pips value. MA's and RSI still show a short position, this retracement may not go into effect until late today or Wednesday.
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