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PATOJAPE
Aug 13, 2019 1:47 AM

USDJPY buy set up 

FX:USDJPY240
U.S. Dollar/Japanese YenFXCM

Description

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The price has formed a descending wedge with MACD divergence so we are waiting for the rupture of the wedge to enter the buy.
We should wait for the price to close above .235 Fibonacci level.

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Trend AnalysisChart PatternsTechnical IndicatorsDescending Broadening Wedgebuysetup
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