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U.S. Dollar / Japanese Yen
Long

USDJPY Long

By wjsharples1
Updated
Bullish engulfing candle on 4hr chart, could represent a change in short term trend. Price is sitting on a strong support zone so an increase in price is looking likely. Take profit just below 0.5 retracement at the previous swing high, with the stop loss below the major support zone
Note
Trade never materialised. Support broken before order was triggered. Cancel order/trade
Order cancelled
buysignalFibonaccipriceactionretracementuptrendUSDJPY
wjsharples1

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