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lemezohaib
Jun 16, 2017 5:47 PM

USDJPY CORRECTIVE STRUCTURE 

U.S. Dollar/Japanese YenFXCM

Description

USDJPY is in a 240 corrective structure.. I am expecting one more upside to complete three corrective wave structure.. So it is a nice buy setup for next week.. Wait for a flag in 60m for buys.. After this upside we may see one more fall to complete the bigger structure.. Keep an eye on it
Thank you
Keep following and support
Happy Weekend to all

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1878394

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Comments
Andrej8484
thanks a lot!!
ernstschwarz
no longer expecting a break of the low first before the upside`?
lemezohaib
ernstschwarz
@Zohaib_Malik, not a man of many words haha. what makes you think so / change your mind? the divergance plus the impulsive upmove breaking the downward trendline? anything else i should look at?
lemezohaib
@ernstschwarz, If it breaks the low of (b) then there will be no upside obviously. Wait for a flag then buy
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