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ard3413
Oct 22, 2015 10:11 AM

CADJPY long setup 4hr Long

Canadian Dollar/Japanese YenFXCM

Description

divergence in play.
this is a medium term analysis for entering long in the direction of weekly timeframe which is up.
break of black trend line is a trigger for entering long or traders who are more aggressive can enter trade right now but its better to wait for a confirmation, because now we are in a corrective phase and corrective phases are complex and sometimes last more than we expect.
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