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OGFXTRADER
Sep 3, 2020 5:15 PM

USDJPY LONG PRICE ACTION FORECAST -UPDATE- Long

USD/JPYOANDA

Description

If price correction reaches the golden Fibonacci level 6.18, it will fill a long entry to capture the pair's bullish momentum. The price action has been trading within an ascending channel from a broader timeframe. Still, a clear consolidation channel has kept the price action in a sideways movement in the intraday.

Adding a second position with the following characteristics.

The order:
Type: buy-limit
S/L: 42 pips - R:R | 1:3 -
T/P: previous supply level
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