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Art-of-FX
Jan 11, 2018 6:47 PM

AudJpy Long Long

Australian Dollar/Japanese YenFXCM

Description

Audjpy found itself making a move up due to a falling wedge breaking. Now it looks to be flagging, to make sure the trade works in our favor we will wait till the price action close above the upper trend-line. Then target the rectangle. Dont forget to wait for a break of the trend line to confirm the trade. Getting in to early can cause draw-down.
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