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ProfitPotential
Nov 6, 2018 5:16 AM

Bearish USDJPY - Possibly a significant swing down Short

U.S. Dollar/Japanese YenFXCM

Description

Trade responsibly

Comment

watch the price,

It has broken the recent swing high, now trading in the resistance zone.

We may see a bull trap.

Short it if resistance (@ 113.38) doesn't hold, on the way down.

Comment

Ignore the volatility resulting from the US mid term elections.

Nothing has changed in the US.

The Analysis is still valid to short, unless it breaks the most recent high.

SL's above the swing high volatility from US mid term elections.
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