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piphunters
Jun 1, 2016 11:18 AM

EURJPY: Sell breakout and expect huge impulse down! Short

Euro Fx/Japanese YenFXCM

Description

The pair has broken out of a smaller degree correction and is heading down where we meet the bottom trend line of the current channel it is in, any break down of this channel is likely a huge impulse which will see the pair heading south in the coming days!

Comment

Comment

we have plenty of room to the downside!

Comment

IMPORTANT: The setups posted here are not trade calls or signals and are intended for informative purpose only and you should use your own strategy to determine entries and exits. They reflect my general view of the market and does not mean you should take the trades without a proper trading plan or strategy, If you would like to get all my setups together with exact entries and exits with please visit thepiphunter.com and subscribe.
Comments
BrunoSalles
Nice analysis. Thanks!
piphunters
you are welcome
BOTMAN
BO = Buy order?
piphunters
break out
TimStuyts
Nice call I'm with you and seems like my long term analyses is still correct. Great pair for coming months if you ask me. Good trading to you!

piphunters
yes! good trading and thanks
URIFX
Perfect!
piphunters
thanks
BLUE43
let see where it goes
piphunters
let's see!
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