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purpurato59
Nov 28, 2017 11:36 PM

Wedge and angle Long

Australian Dollar/Japanese YenFXCM

Description

As the wedge formed on the bottoming seems to be breaking, this pairs seems to be ready for reversal. There is also support at the Gann angle and the R/R for this trade is worth to try. Better wait on signal before engaging.
Thanks for your comments and good luck.
Wonton Group Forex Division

Trade closed manually

Comment

Notice support at the angle, this could be a good opportunity to start again.

Comment

Just reached 0.5 angle, looks ripe to play the other way around.
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