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schuck15
Aug 14, 2018 12:47 AM

AUD/JPY Broke Below Demand Zone Short

AUD/JPYOANDA

Description

AUD/JPY broke below the demand zone on the third touch in a downtrend. There may be a retest into the demand zone, but I think the trend will continue. I put my stop above the demand zone and the Tenakan-Sen. I will close on a close above the demand zone, the kijun, or a strong bull div (although I will just reenter at a higher point during a simple bull div)
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