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Navpreet
Oct 23, 2016 3:11 PM

USDJPY 4 hour long fib Long

FX:USDJPY240
U.S. Dollar/Japanese YenFXCM

Description

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-weekly counter trend line broken
-daily counter trend line broke
-4hr fib found support of the 38.20 level.
-awaiting break of 4hr counter trend line to go long
-target 1- fib 127.20% extension level

Trade closed: target reached

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ForexFibonacciFibonacci RetracementTrend LinesretestcontinuationsupportSupport and ResistanceLONGTrend Line Break
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