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Corrupt_Economy

Bullish Falling Wedge / Inverse Head & Shoulders / Ascending Tri

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Dólar Americano/Iene Japonês (OANDA:USDJPY)  
Corrupt_Economy  
OANDA:USDJPY   Dólar Americano/Iene Japonês
Trend Analysis Chart Patterns Technical Indicators USD USDJPY JPYUSD jpyusdbuy jpylong jpy
5
0
trendanalysis chartpattern indicator usd usdjpy jpyusd jpyusdbuy jpylong jpy
As the title suggests - we have a large (light blue) bullish falling wedge with break out. As we have broken out we should expect to retest previous resistance as new support. This will help form the bullish ascending triangle in yellow and also converge with the .236 fib level as added support. We also have the green inverse head and shoulders.

My entry: 107.354
SL: 107.154
TP1: 108.883 (.382 fib)
TP2:109.5 (.618 fib)
TP3: 110.53 (.786 fib)

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