USD/JPY BUY LIMIT - 30/10/2017
After the test of the level of resistance, USD/JPY rebounded down sharply and on large volume, which puts under the question the scenario of opening long positions. But on the other hand, there is a strong uptrend, so we still should give preference to purchases. We can enter the market after a sure breakout of the resistance on increased/large volume. A stop loss should be placed below the breakout volume bar. A potential of the deal is 110+ points.
The bottom line: long positions after a breakout of the resistance.
The bottom line: long positions after a breakout of the resistance.
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