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Forex7
Jan 3, 2020 3:11 PM

2020 TRADE 3 - PLAYING THE WEDGE AUDJPY Long

AUSTRALIAN DOLLAR / JAPANESE YENICE

Description

I still have a bullish bias on this pair.

2 trade plans

Long

Wait for a break of lower wedge and then retrace producing a false break, enter long.

Short

Wait for a solid 4hr bearish close below Wedge enter short.

If and when i enter trade i will post another chart
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