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fximperija
Mar 28, 2014 5:24 PM

Short now or wait for 89.6 Short

New Zealand Dollar/Japanese YenFXCM

Description

The bearish butterfly completed @88.87. However, there is a possible crab compeliting @89.57 Entering now for a short to breakout point could be nice and maybe reversing to long for this crab. Entering at this point requires lower TF analysis. The PA is in overbought territory but no obvious div.
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