Ichimoku Trade Entry AUDNZD: 3-16-10

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  • Ichimoku Trade Entry AUDNZD: 3-16-10

AUDNZD seems to be setting up for a Counter Trend strategy short term Bearish play.   We are going to enter now on a 120 minute chart.   See chart for details.    This is a counter trend strategy so you risk needs to be LOW since we are going against the trend.    The goal is to get a 3:1 reward/risk ratio.

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