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PA-FX

USDJPY possible 2618 after breaking the down channel

Long
U.S. Dollar / Japanese Yen (FX:USDJPY)  
PA-FX Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Fibonacci Trend Lines
20
9
trendanalysis fibonacci trendline
UJ broke the down channel, making higher high and higher low on 4H. On daily we have a strong reversal signal, Morning star formation at a good support level and the kiss of the daily 200 MA. Now price is at resistance, and we have bearish hidden Div on RSI, that level may give UJ a bounce down and that possible correction may give you a 2618 trade long.
Trade active:
Order triggered!
Comment:
Book some profit here guys!

snapshot
Comment:
Now i hope you took some profit when i said take profit :)

snapshot
Trade closed: stop reached:
Sorry for late update guys, the second part of the position was stopped out at BE.
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