Pair headed towards resistance likely to hit around .236 fibonacci level of the greater sideways channel that coincides with the more short term downwards channel. RSI is also oversold. High probability with fibonacci, channel support, and common indicator RSI. Set stop loss at .5% and stand to gain 10% with five times leverage while keeping in line with the 2% rule in possibly just a week or two. Buy UsdJpy.
Love feedback. Comment down below.
Love feedback. Comment down below.
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This again is high probability not certain. There is a chance that there is a breakdown below the channel though the odds are not in its favor. Always take the necessary precautions.
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similar pattern emerging on Audjpy. All pairs affect each other giving this even more likelyhood of success.
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Of course wait until the proper entry point.
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the take profit is at the short term .618 retracement
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don't really like the entry but it should be fine. Don't say I didn't warn you though.
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man I am good at this
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Take some profit if you like
