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The_Cannalyst
Sep 7, 2016 12:57 PM

The Dragon reached an important action point! Long

British Pound/Japanese YenFXCM

Description

Today we are trading near the up-trendline. Swing-trade -lover could search for a strategical longposition at the present niveau

Former view: Is the dragon building a Top?

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hmm..it smells bearish...

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technical overview, adjusted resists and supports

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yihaaaaaaaa

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reached next Action point!

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Attention pleasee! Below 135 i exspect the next downwave

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aha

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and the next downwave ahead again

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so many resistances ahead
Comments
FabioAraujo
sorry for non-topic, i love your charts!!
what broker do you use on your daily trades?
Krasen
The Princes and the Dragon :)))
dewpoint
Hello MaryJane, Excellent charts, and i agree on your stance, long or short!
i've been long at the 129.5/130 level, looking at 147 as my overall longer term target, that said, short term i've just relooked at my chart and see a break of the upwards trendline since 16/8, this happening at the 136.4 level, from my trading experience this could go to 131.3 area, a push below the 134.8 area would confirm the short.
Regards
The_Cannalyst
hello and thx dewpoint - i totally agree with your view !!
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