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Apr 1, 2016 4:40 AM

EUR/JPY D1 - Possible short setup - ABCD pattern 

Euro Fx/Japanese YenFXCM

Description

Price will be pressure channel resistance, will see if a new bearish ABCD pattern can be develop or the price will continue high for a Wolfe wave pattern...

I'll be watching if the price hits the PRZ box and bear divergence + reversal bar pattern presents itself.


My view on H4 chart: Bearish Shark and 3-drive pattern in play

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