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AshleyWeyers
Mar 19, 2015 7:56 AM

CADJPY Short Short

Canadian Dollar/Japanese YenFXCM

Description

If the price of the highlighted candle closes below the cloud, possible short.

1.) Pulled back off the .786 retracement after FOMC
2.) Previous 3 candles have long top wicks
3.) Also off of daily resistenace
4.) Cloud future is bearish
5.) Price action below the cloud
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