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Long

USDJPY 1D - Long - Possible pennant formation

FX:USDJPY   U.S. Dollar/Japanese Yen
49 0 1
USDJPY             is in a perfect spot for long. Price has completed pennant formation and found support on previous lower high. It may be possible to reach 124.07 level, but for now I'll stay on safe side and set TP on 121.490.

---- Trade Notes ----
9.03.2015 - Price has hit TP, trade closed.
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