traderWgun
Long

USDJPY showing bullish signs ahead of support area

FX:USDJPY   U.S. Dollar/Japanese Yen
272 9 5
*bullish divergence
*ending diagonal
*3x fib conflunce
*bullish candlestick (above the arrow)
*trendline support.

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Sl moved to beak even 96.85
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This backs my idea of 98 in the next time.
I think we are still in this downtrend since 2013-09-27 but will see a retracement now.
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Sounds great that im not alone on that one :P i got a buy at 96.778 :) Dont know if my Tp1 and 2 is to large or fantasy like?
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Thx for the feedback. TL res comes in near 99.50 (also 76.4fib)
so I will look to take rofit there.
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Looks like preponderance of evidence. If 96.800 holds, we may have a rally at least up to 97.700. What I don't like about it, is that we've already been down through 96.800, and it might not stop until it gets down to the 96.24 neighbourhood.
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Mberg PRO ForceFollower
Yes, agree! Could be the case!
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Mberg PRO ForceFollower
I really hope to see a HHHC= Higher high higher close, only then we are safe for a rally.
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EURUSD looks bearish = USDjpy=bullish



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