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GrowingForex
May 28, 2017 1:38 PM

Weekly Perspective (USDJPY) Short

USD/JPYOANDA

Description

Hey Guys,
The pair is forming a trend continuation pattern to the downside.Overall the pair is in a weekly corrective structure.Nothing much to say about this pair but it has huge potential to the downside remember if you were following me on telegram you got the trade from 112.02 levels and now were are going to add more to this wave unless we see a reversal from the bottom.

Note: Everything works with Best money management.
Note: Please leave comments for any query.
Disclaimer: Trade at your own risk.

Good Luck...!!
Regards,
Growing Forex Team

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fresh high for this week can be good entry.overall it has huge potential to the downside.

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move your stop loss as mentioned if you are on this trade from the top move stops to previous lower high.

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it does not show volatility but i'm sure it will in the coming days hold your trades and be smart with your profits.

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hey guys according to the previous post above we moved our stops and now we are stopped with minimum profit that we secured for ourselves.Price changed the structure we are in a bigger corrective structure though it is a simple zigzag you guys watch for the top to sell again.

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Hey guys,We have downside momentum on this pair as we are expecting the dollar to get a lazy start next week.JPY will eventually get stronger and we may see a nice drop to the previous low.Goodluck

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bigger corrective structure

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we are getting a sell setup be in that trade move it to breakeven and try selling it from the top once you are stopped.

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bigger corrective structure.i hope you guys got hat breakeven trade like us don't worry guys we are still looking to short and all set for that drop.
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guys we may see a bigger wxy weekly corrective structure lets see how this correction unfolds.

Trade closed manually

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