Wednesday 24 July 2013

AUDUSD 24 JULY 2013


BUY LIMIT SETTING:-
Major trend:-up trend
Minor trend:- down trend (correction before follow the major trend)
Fibo:- candle stick reverse (CRS) H4 close above fibo level 38.2. Thus, buy limit is set at fibo level 38.2,
Stop loss 50 pips and take profit on the fibo level 100

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