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salsapete
Dec 15, 2016 10:04 AM

USDJPY Short Short

U.S. Dollar/Japanese YenFXCM

Description

Given the strong impulsive move of Dollar yen , now considering b retracement moving to .786 of recent swing ( a wave) .

If so , the target to short for the c wave is 92 ( .666 retracement wave 1), and unchanged.

We would then have an AB=CD outcome, where the a and c waves are equal in magnitude.
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