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TogamiTrader
Oct 20, 2019 3:20 AM

USD/JPY Cliche Ichimoku Breakout Short

U.S. Dollar/Japanese YenFXCM

Description

Japan is set to have an impressive week of news. This pair is obviously overvalued based on how bad the US has been doing. This would fall regardless of whether we found a cliche Ichimoku breakout (haha). Not the biggest fan of the Ichimoku indicator; however, you should be trading at your own risk.

Comment

Looking for exit due to a bad showing in their fundamental data.

Trade closed manually

closed the trade at a loss of 18 pips. Oh well.
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