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Fxprotrader
Jan 4, 2017 11:27 AM

USDJPY: Short Term Buy Opportunity Based on Median Line Analysis Long

U.S. Dollar/Japanese YenFXCM

Description

Having a very active median line set, with price slope being pretty valid, we see now price testing a slide parallel, which has acted both as resistance and support. Buying from current level is a nice idea with a sl below previous structure and tp the quartile of the pitchfork

Comment

While writing down the description of this post price looks like moved some pips up. Trade is active, no need for a retrecement to the entry level..
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