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YerwantKansabedian

Confluent zone (Long)

Long
Australian Dollar / Japanese Yen (FX:AUDJPY)  
YerwantKansabedian  
FX:AUDJPY   Australian Dollar / Japanese Yen
Rectangle Fibonacci Support and Resistance AUDJPY LONG Fibonacci Retracement retracement pullback uptrend
2
0
rectangle fibonacci supportandresistance audjpy long fibonacciretracement retracement pullback uptrend
D1:
-Rectangle pattern

4H timeframe:
-Uptrend
-MA's crossed already
-We wait for a retrace/pullback at Fib level 61.80%
-61.80% also a significant trendline level
-A lot of confluent zones

Now we have to wait for a buy signal !!!
Also keeping an eye on that rectangle pattern


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