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Wednesday, 28 November 2012

EUR/AUD H4 Update + Trading Plan Idea

Rationale:
Waiting for wave (2) end at one of the retracement levels and buy into dips.

Entry:
Buy Limit @ 1.2340 (50%) and 1.2320 (61%).
SL:1.2299
TP: Above 1.2435 min.

R/R: about 3:1

Take care,
Seb


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