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WendelinProbst
Sep 20, 2014 6:54 PM

USDJPY: Potential bearish bat, maybe even for a bigger drop  Short

U.S. Dollar/Japanese YenFXCM

Description

after the huge run up in the USDJPY this pair could be due a drop of 100 to 300 pips and therefore I am thinking about letting the second position run in case the trade is triggered and Target 1 hit with stops at BE. In this case I would not risk more than the second position profit.
Comments
WendelinProbst
this one is now a Gartley due to the deeper retracement with a similar entry level around 109.32
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