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Joined Apr 29, 2014
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The Dollar/Yen pair has been in downward trend off of it's 120.766 high back in late December 14. Price action has failed to make higher highs, and since the double bottom bounce in mid January, price has oscillated in contraction with major support at 117.229. A with trend breakout short position right below the 229 level is a good setup given price now resides...
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Reviewing the Kandi Technology daily chart, a bullish cup and handle chart pattern is forming, with the cup portion of the pattern forming over the past 4 months. The trend prior to the cup formation is bullish, so after the handle formation, which is beginning the downward trend, so a conservative entry point would be at the two upper extremes of the cup, around...
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