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U.S. Dollar / Japanese Yen
Long
Jul 1, 2019
USDJPY Bullish - H&S Set Up
1
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-On the 4H chart the pair has produced its first bullish wave and temporary retracement can be expected
Ph
or alternatively
R2
resistance line.
- As illustrated, the pair could be due to forming the last shoulder of the H&S reversal pattern, before the bullish trend is confirmed.
NB: Risk management should be applied to all trades.
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