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UnknownUnicorn661419
Oct 30, 2016 12:11 PM

EURJPY Analysis Long

Euro Fx/Japanese YenFXCM

Description

Continuation of price action through channel, bullish on the 1H ?

There is a possibility for a LONG trade at the breakout of structure.

Pattern structure suggests upward move, together with RSI suggesting upward then downwards move.
Stochastic RSI suggests upward move.

Once price action hits the upper trendline, a Sell opportunity exists to trade the retracement of the channel.
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