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U.S. Dollar / Japanese Yen
Long

USDJPY H4

By Anele_888
Updated
We have a simple bread and butter setup here. The Daily Order Block at 144.948 is coming in at 50% Fibonacci level and we recently broke out of a Bearish wedge/trend. 146.773 may provide a strong resistance and an opportunity to reenter.
TP1 147.737
TP2 149.764
TP3 151.899
More updates to follow.
Note
Price has traded into our Propulsion Block (Orange trendline) We may see a strong bull run at market open on Monday
Note
Our Propulsion Block has pushed price higher at Monday open as predicted, price is reaching equilibrium, so we moved our stop loss to breakeven.
Note
TP1 has been reached
Note
TP2 coming in at 149.764 his been triggered
Note
TP3 coming in at 151 has been hit, all trades closed
Beyond Technical AnalysisChart Patterns
Anele_888
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