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LeeThompson97
May 4, 2017 6:40 PM

USD/JPY Sell at Trend Line & Hidden Divergence Short

U.S. Dollar/Japanese YenFXCM

Description

Good opportunity for a sell. Price has reached a bearish trend line for a third time now, wait until a daily close for confirmation of the rejection. This is also supported by the fib retracement 61.8 zone and hidden divergence where price is making lower highs and RSI is making higher highs. Stops can be placed jus above the trend line.
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