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puli07sanny
May 13, 2018 7:19 PM

possible shorting opportunity  Short

Euro Fx/Japanese YenFXCM

Description

Clean and simple setup on the EURJPY. Price broke the trendline and it retested the previous support as resistance but there is a chnce of it retesting the trendline, that is why my stop loss is set a bit high. It will be a good idea to wait for a much better confirmation. The confirmation that i will want to see is an engulfing bearish candle on the 1 hr timeframe.
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