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4xbullion
Oct 23, 2014 6:59 AM
LONG USDJPY on hourly close above 107.36
Long
FX:USDJPY
240
U.S. Dollar/Japanese Yen
FXCM
Description
⋅
Oct 23, 2014 6:59 AM
The pair is forming an ascending triangle and a break and close above should see the pair reach previous structure and 61.8 retracement confluence at 108.12.
Also traders can aim for the price to reach 76.4% retracement @ 108.77.
Trade Type: Trend Continuation (Short Term)
Price: 107.36
Target: 108.12
Stop Loss: 106.92
Comments
4xbullion
⋅
Oct 23, 2014 6:23 PM
Target hit. +70 pips
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