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ForexForensic
Jun 20, 2018 8:31 PM

GBPJPY D1 

British Pound/Japanese YenFXCM

Description

Watch how the price acts like a magnet to trend lines!
We observe a break of the main trend line which is almost instantly followed by a up thrust back to it.
We can use these retracements to open positions with better RISK vs REWARD RATIO (RRR) than conventional enter-upon-break strategies.
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