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Zaunite
Jan 2, 2021 6:06 PM

EURJPY SHORT- Wycoff Analysis Short

Euro Fx/Japanese YenFXCM

Description

Price pushed up with decreasing volume so the volume divergence gave us the signal that the move up was fake and would act as the spring, entry was taken upon the break of the inside bar. I expect price to fall down to the Retail support line and break through the line after an intial fakeout to then go on to the Markdown phase.
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