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xela75
Nov 7, 2017 10:00 PM
Ranging Market Opportunity @USDJPY
Short
FX:USDJPY
1D
U.S. Dollar/Japanese Yen
FXCM
Description
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Nov 7, 2017 10:00 PM
Nice ranging market opportunity at USDJPY. It bounced three times from resistance area around 114.300 and went down in the direction of support at 108.226. Could be an opportunity with three targets.
S/L goes above resistance at around 115.000
t1: 112.101 -- RR 1:2.1
t2: 110.771 -- RR 1:3.5
t3: 108.501 -- RR 1:6!!!
Watch closely for a bounce back from current support area.
Trade active
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Nov 8, 2017 3:52 PM
Active since last night. Slowly but it's going down …
Chart Patterns
Trend Analysis
Support and Resistance
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