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TheForexSamurai
Jan 24, 2017 5:42 PM

3 potential patterns on the AJ 

Australian Dollar/Japanese YenFXCM

Description

We had a winning bearish Pattern setup on this pair. (Check related ideas about it.) We could go and wait for the potential bear cypher to complete to go short. Take note a break of the previous high would invalidate our potential bullish Butterfly pattern. We got short and long opportunity right here.

Trade active

Bear cypher is completed stop loss above x point.

Trade closed: target reached

Could take profits alraedy on the bear cypher. or go for an extended tp on the bullish Cypher.

Order cancelled

For the long Cypher Pattern. Will post another setup on this market if there would be potential opportunity right here.
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