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logantbell
Mar 8, 2017 8:03 PM

UJ long Long

U.S. Dollar/Japanese YenFXCM

Description

Uj is in completing its first pull back since the election at the 38% fib on a daily time frame. daily time frame also supports the bullish return.. for now at least.

the 4h chart is marked in the past day with having double bottomed on a support line following a breakout that could prove to be false. that being said this is the first time the pair has closed above the trend line. all other tests haven't closed above it. two trades entered. one last night and one this morning. both positions open
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