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SaleemJunedLala
Feb 10, 2017 4:21 AM

Bearish Bat Pattern on USDJPY Short

FX:USDJPY60
U.S. Dollar/Japanese YenFXCM

Description

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It can be observed that bearish bat pattern has emerged on the USDJPY hourly chart.

Short can be entered above: 113.67

Stop: 114.06 which is just above a strong resistance zone marked with a green horizontal line

Target: 112.89

Trade closed: target reached

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