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trung.nguyenduc1708
Jun 15, 2017 1:49 PM

EUR/JPY 15/6/2017 The Second round Long

Euro Fx/Japanese YenFXCM

Description

On H4 chart:

- Fakey pattern appears
- Price is at the end of the falling wedge pattern
- The momentum of MACD is going up

Opening the buying position with this pair.
If you trade safely, wait for the price breaks the falling wedge, then buy.

Entry : 1/2 the last candle (in Fakey)
SL : the bottom of last candle
TP : unlimited

Comment

Update H4 chart :
The wedge was broken
Price can adjust before increasing

Comment

Holding the buying position

Comment

Now is +400 pips
Prices need to adjust before continuing to rise

Comment

Although the ABCD rate has not met the standard
However, can be sell again this pair
Comments
Jafx
Nice chart, I also bought at 122.4 but booked a little to early. Will follow you now ;) can you do a chart on gbpjpy
trung.nguyenduc1708
@Jafx, I have updates on this pair
Jafx
Thanks mate @trung.nguyenduc1708, Google is showing right now 148 if it behaves and closes gap we can grab a nice 150pips but before the election this pair was not behaving. Few on my WhatsApp trading group saying it could go to 150
trung.nguyenduc1708
@Jafx, If you look at weekly charts on GBPJPY, I think it will go very far
Slmdmrc
Cheers mate! Will wait proce to adjust and then buy. Keep great work!
trung.nguyenduc1708
@Slmdmrc, thanks mate,I have updates on all pairs
Hoping my analysis helps you
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