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IamJeanPaul
Apr 27, 2017 11:58 AM

SELL USDJPY FOR A CORRECTIVE MOVE LOWER Short

U.S. Dollar/Japanese YenFXCM

Description

Not selling until bears manage to make a good break of the bold red line.
Speculative traders can sell around 111.60 with a stop above the top, but note that this is a risky and very speculative setup. It would be better to break lower before entering.

Comment

EurJpy also not looking particularly bullish right now.
Seeing scope for a correction lower towrds 120.50/60 after a slightly dovish draghi pressconference.

Comment

closed eurjpy 120.73

usdjpy is now active i will lookout for a possible sell setup.
Comments
gottatradeit
perfect call
derekvela
Damn right to the TEE... Following!
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