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Nice setup to execute USDJPY Buy order for a 100 pips!
U.S. Dollar / Japanese Yen
Long
Nice setup to execute USDJPY Buy order for a 100 pips!
By Ankitrading
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Updated
May 19, 2020
5
May 18, 2020
Minor divergence on RSI.
You can execute now or wait for a momentum candle on the 15 min chart.
Don't squeeze this trade by a small stop-loss.
Let's see in the future how much management this trade requires ahead. Will keep you guys updated!
Like-minded traders and traders who are against this trade feel free to add to the comment box.
Would be a great motivation if I get a few new followers. Keeps me motivated!
May 19, 2020
Note
Possible second entry on 50 Ema! Check it out.
If this pullback turns into a downtrend then exit the trade. Markets around are Highly choppy!
Bullish Patterns
Divergence
Falling Wedge
Technical Indicators
Trend Analysis
Ankitrading
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