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SharkbaitAl
Apr 20, 2018 4:44 AM

Japanese Yen: Trade for Bullish Wave Long

Description

The bearish wave seems to be running out of steam...now forming this wedge pattern along with divergence on the 4H chart.

A more conservative approach would be to wait for the bounce and flag to long, but based on this set-up I am willing to take the trade.

The target shown is only Target 1. Will update when moving stop loss to breakeven and managing the trade.
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