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Mar 17, 2016 11:49 PM

USD/JPY H4 - Long setup - B-Fly pattern Long

U.S. Dollar/Japanese YenFXCM

Description

Pattern complete, waiting for:

- Bullish divergence, and
- Reversal bar pattern inside PRZ


This is what I see on D1 chart (Bearish ABDC pattern projection + bullish divergence)


Comment

Price is approaching to a confluence zone, bear divergence is present and I'll watching if a SHS formation (yellow) presents itself

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