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KVE
Apr 17, 2017 7:03 PM

USD/JPY: Pattern complete, MA hit Long

U.S. Dollar/Japanese YenFXCM

Description

AB=CD complete and MA hit as per the previous idea.
Long entries at 108.35 and 108.20.

Comment

Keeping the possibility to add long if we go lower...
107.35 and 106.80 would be about where I would put my next long entries...

Trade active

Comment

Re-test of 108.35 now, might be going down again, waiting to see if the low gets taken out or not...
Low-risk short-term traders could consider tight SL below 108, I have room to add, so will keep it for now, 107.35 and 106.80 are still my next levels of entry...

Comment

Closed the 108.35 for 10 pips just in case, this will give me some extra room in case it goes further down...

Comment

Close for TP1, SL to BE

Trade closed: target reached

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