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capwm
Aug 11, 2015 4:35 PM

EURJPY Long Long

Euro Fx/Japanese YenFXCM

Description

ABCD Fibonacci Pattern began in April when we double bottomed on the monthly key level (green)
We saw a a rejection at the 50% pullback followed by bullish price action.
Price consolidated and has just broken out of the triangle

Looking to go long once price has closed above the weekly midprice (yellow)
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