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Monday, December 13, 2010

AUDCAD Short

Daily:

Long term bullish trendline broken and a new low formed.


4hr:

We have a bearish gartley forming with entry at 1.0060 thereabout.

Convergences:
 88.6 of XA
127.2 of AB
161.8 of BC (though 10 pips away from entry)

Hoping to short this pair.

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