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khansalarehsan
Jul 13, 2018 7:58 AM

A great opportunity for Shorting USDJPY  Short

FX_IDC:USDJPY1D
U.S. DOLLAR / JAPANESE YENICE

Description

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Friends,

Here are the reasons for shorting USDJPY

1) This is Yen weighted average. See where it is now. Basic wedge formation rule suggest a bounce at the lower band of the wedge.





2) Yen bonds bouncing and stronger Bonds means stronger Yen.






3) Yen Yields are pulling back







4) JXY H&S breakout and now I am expecting a visit to the neckline



See doji on daily




Comment

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Beautiful Shooting start on this pair is the main ingredient for having a nice weekend ;)
Have a great weekend Friends.
KHAN

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Is this a false breakout of the previous day's high?

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A bounce expected before hitting the target

Trade closed: target reached

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Harmonic PatternsTrend AnalysisChart Patterns
Comments
Tradingsniper
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I like to go back a month and click on the arrow to see how the predictions played out.. the vast amount of your charts are absolutely spot on and better.. There is some others who are top on the lists but their charts havent worked. I wont mention names but go and check for yourselves go back 1 month and see how accurate others are before you take trade tips as i have lost money using others charts.. Not Mr Khans though...
khansalarehsan
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@Tradingsniper, Oh dear many thanks for your kind words. I have seen a few of you comment and you are very kind. Thanks again ;)
Fomish
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Many thanks
UnknownUnicorn2012266
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any pull back targets to add to short?
khansalarehsan
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@ntabish12, Thanks. I do not think so mate .
UnknownUnicorn2012266
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this was a good one khan --thank you sir
axelroses
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still short mate?
khansalarehsan
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@axelroses, Yes my friend.
dovydaseo
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Its R1 and short setup
Deep-Peat-Shark
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Sell it !
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