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FXRCAPITAL
Jul 3, 2017 10:51 PM

USDJPY SHARK Advanced Pattern Short

U.S. DOLLAR / JAPANESE YENICE

Description

Strictly Technical Shark Advanced Pattern
STOCH SIGNAL // Bearish start H1/H4 //Reversing in overbought conditions
GMACD // Trend/DN Medium M15/M30/H1

Shorting this pair at the top of range looking to play on DXY weakness in following sessions.

Trade active

Trade closed: stop reached

Comment



Strictly Technical Potential Butterfly Harmonic Pattern in play D1 //
STOCH SIGNAL // Bearish start H4 // Overbought conditions
GMACD // Trend/DN Medium M15/M30/H1 // Major trend is still bullish D1/W1/M1

If price breaks above the D1 Fibo 23.6 I will seek long opportunities but if we get a rejection of this level with some sort of confirmation I will look for opportunities to short this pair next week.

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