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kwabee
Oct 13, 2018 10:21 AM

High Probability Reversal on USDJPY Long

U.S. Dollar/Japanese YenFXCM

Description

This pair has lost momentum as you can see with the previous two candles. For extra confluence, there were over 5 bear candles which is due for a reversal. It's hit a support line as well.

These 3 factors all point to a high probably reversal setup which could potentially receive a 2:1 or 3:1 reward.
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