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technical setup

$USDJPY potential reaction zone 21 Feb 2013

by Gav Leave a Comment

[tab: Setup 21 Feb 2013] I am looking at the zone around 92.75 of USDJPY for some reactions. It is a retest of H1, H4 uptrend line and also the base of last spike. Let’s see how it goes. [tab: update 22 Feb 2013] It depends on the buffer you’ve set, or if you leave […]

Filed Under: Price Action trade, Trading Journal Tagged With: SD-PA, technical setup, USDJPY

$GBPJPY potential reaction zone 20 Feb 2013

by Gav Leave a Comment

So, big sell off of GBP. There are loads of retracement levels for GBP crosses. I am taking GBPJPY to show potential reaction zone. M30 – Around 143.90 zone. A retest of previous support turned resistance, with confluence of supply line, and the base of sell off. This zone should provide some reactions. M5- Detailed […]

Filed Under: Trading Journal Tagged With: FX, GBPJPY, technical setup, Trading Journal

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