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Proszi

Golden Pocket Setup

Long
U.S. Dollar / Japanese Yen (FX:USDJPY)  
Proszi  
FX:USDJPY   U.S. Dollar / Japanese Yen
Fibonacci Trend Lines Support and Resistance confluencetrading pullbacktrade pullbackbuy Fibonacci Retracement longsetup swingtrading usdjpylong
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fibonacci trendline supportandresistance confluencetrading pullbacktrade pullbackbuy fibonacciretracement longsetup swingtrading usdjpylong
This is a follow up trade from my last USDJPY setup:
-Bullish trend within a wedge. Looking to retest lower ascending trendline for a long position.
-1H trendline break, looking for a pullback to retest the trendline.
-Golden pocket with our 0.618 retracement level on lower time frames.
-Respectable support area outlined in grey, hence why the SL is higher than usual

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Proszi
Trendline Retest | Long Setup
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