Monday, February 23, 2015

GBPAUD trade 23 Feb '15 151 pips

A strong negative close on the D last Friday had no follow through lower in Asian session. In the general support/resistance area from last weeks lows and W M2. A strong positive close (3 bar reversal) on 1hr and positive divergence on 4hr. 15 min higher low. Take profit loaded just below Fri's high +151 pips.

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