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MehmetLok
Nov 15, 2017 7:08 PM

Mid - Short term short Short

U.S. Dollar/Japanese YenFXCM

Description

It's look like the weekly resistance (red) has worked and also there is a divergence between price and the momentum indicators. So, I'm expecting a mid - short term correction. My targets are in the chart. If there will be two candle close above the resistance then the formation will be cancelled.

Comment

we have reached all three targets but trade was closed after second target.

Trade closed: target reached

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