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KreditK
May 9, 2017 5:12 AM

CHF/JPY Long Term 

Swiss Franc/Japanese YenFXCM

Description

Yet another long term play. As we can see, structure is broken and is making a retest which can follow a long move down. Ideally I would wait until a 61.8 retracement touch, but the box drawn indicates an area of interest for entry. It is quite possible that this pair can continue to make a move upwards since the break of structure was necessarily strong enough in my books, but we shall see..
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