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kspilot
Feb 24, 2023 7:33 AM

SEKJPY 1H - Bear Trend Continuation Long

Swedish Krone/Japanese YenSaxo

Description

------ Trade ------
Chart: SEKJPY-1H
Type: Short
Entry: 12.863
Stop Loss: 12.945
TP1: 12.781
TP2: 12.699

Analysis:
SEKJPY-1H is currently in a bearish trend. If the price breaks below 12.863 which is previous lower low level, it will be a sign of bear trend continuation. In this case we can enter in a short trade. For this trade the stop loss will be at 12.945 which is the previous LH level.
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