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Batuhan_Usluel
Jan 28, 2017 1:48 PM
USD/JPY Breakout
FX_IDC:USDJPY
15
U.S. DOLLAR / JAPANESE YEN
ICE
Description
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Jan 28, 2017 1:48 PM
Buy if it breaks top resistance level.
I advice not to sell if it breaks trendline, but to sell when it also breaks the support, as the support is too close to the trendline.
USDJPY
breakout
Comments
iSummer
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Jan 29, 2017 12:49 PM
hi nice idea, how are you deciding the thickness of the support and resistance?
Batuhan_Usluel
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Jan 29, 2017 1:05 PM
@iSummer
, the thickness of the support and resistance aren't that specific.
I placed it like that because it generally reverses somewhere in that zone, but there isn't a specific line.
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