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ForexTutorialsSG
Dec 11, 2019 3:44 AM

SGDJPY sells Short

SGD/JPYOANDA

Description

Fundamentals:
Recent JPY strength

Technicals:
Downside breakout-retest on D1, with a bearish gartley.
Fibonacci 50% and resistance is being met.

What can cause this trade to fail?
JPY may implement further measures to ease their economy and devalue their currency.
JPY depreciation will cause SGDJPY to rise.

Comment

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I post trading education and my analyses there.

Trade closed: stop reached

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