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Pazkarl
Aug 22, 2017 8:45 PM

USD/JPY Double Bottom Long

USD/JPYOANDA

Description

Spotted a double bottom on the H4, zoomed in to H1 for more details, price made a higher low. Price also passed the 109.453 level, a respected area in the past.

Now waiting for a retracement on the 109.453.

Buy limit : 109.453
TP : 110.232
SL : <108.958

Comment

Sorry, it should be 109.453 and NOT 109.439

Trade active

Price just hit buy limit

Trade closed: stop reached

Price hit SL.

Comment

Waiting to see how will the market react to 109.453

Trade active

Trade closed manually

Seems that the market is pushing it's way down.
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