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LoserStockBoy
Aug 11, 2017 12:28 PM

AUDJPY Reversal Long

FX:AUDJPY1D
Australian Dollar/Japanese YenFXCM

Description

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The bearish profit target was hit, a pin bar formed. Still waiting for bullish confirmation, but a tight stop would be feasible. Could enter and ride back up to resistance.

Entry: 85.877
Stop: slightly below pin bar, or 30 Pips below entry.

1st Take Profit: 86.510
2nd Take Profit: 86.990
Trend AnalysisChart PatternsTechnical IndicatorsAUDJPYreversalreversalpointPin BarBullish PatternstradingTechnical Analysistechnicalforextrading
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