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wclues
Jun 8, 2020 6:47 AM

CHFJPY- Short Short

Swiss Franc/Japanese YenFXCM

Description

Failed to close above daily levels on Friday- putting in a nice long rejection wick.
Continuation to the down side overnight.
- expecting JPY to pull back/retrace after recent sell off.

This could be the start of a retrace/pullback for this pair.

TP - look at various levels along the way as well as key fib levels!

Comment

Look back on your chart to see daily highs that were rejected
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