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aparkon

10-23-2019 USD/JPY possible long trade - 100+ pips

Long
U.S. Dollar / Japanese Yen (FX:USDJPY)  
aparkon  
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Chart Patterns Technical Indicators Inverse Head and Shoulders uj ninja USDJPY
6
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trendanalysis chartpattern indicator inverseheadandshoulders uj ninja usdjpy
UJ has formed very ideal inversed head and shoulder formation. I see this as a great long opportunity for a mid-term swing.
DXY is currently sitting above the uptrend line at 97 point level and most likely move up that will drive all USD pairs.

Entry @ demand zone
TP @ 1st Supply zone.

If you are holding the pair for mid-term it will reach 110.XXX area.
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