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Bmfxanalyst

USDJPY Pending Order Can Make You Happy More.......

U.S. Dollar / Japanese Yen (FX:USDJPY)  
Bmfxanalyst  
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Chart Patterns Beyond Technical Analysis forexsignals forextrading forex_signals forexanalysis
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In this pair, we see nice opportunity to place a pending order to make profit. Because, if we see weekly chart, we can see a perfect pin-bar for going down sign.
In H1 chart, we also can see a strong resistance level with a perfect pin-bar position for going down more.
In D1 chart we also can see a great breakout from uptrend to downtrend. And also running another downtrend.
So, we can predict that, market may go down more.
We will more ensure in market cross in downside at 108.77 price level. Then it may go down to 108.30 at first as our trading target.
Our Trading signal is:

Pending Order: USDJPY
Sell Stop at 108.77
Take Profit 108.30
Stop Loss 109.30


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