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Double Bottom
U.S. Dollar / Japanese Yen
Long
Double Bottom
By Tlokzino
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Jun 17, 2019
3
Cheer
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1
1
Jun 17, 2019
Double bottom on the yellow circles on the previous low of the previous week.
T2 trendline broken and retested.
The EMA,50 supports a bullish move this week with a significant gap in price action between the EMA,200 and EMA,50.
In conclusion, i'm bullish on this set up
1st set up
Entry point: 108.520(
EMA
,50)
S/L: 108.30
T/P 1: 109.119(
R2
)
T/P 2: 109.341(
EMA
,200)
Chart Patterns
Trend Analysis
Tlokzino
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