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  Forex Trading Floor  USD/JPY  Breakout to be ...
 Breakout to be confirmed
 
 1/15/2007 8:15:13 PM
User is offlineBrianTran
155 posts
5th




Breakout to be confirmed
The breakout is now to be confirmed. I'll wait for it to pullback to go long, near 119.74.



The sum is greater than its parts.
 1/18/2007 11:49:52 AM
User is offlineBrianTran
155 posts
5th




Re: Breakout to be confirmed
USDJPY is near to 1-year high, we'll see how it can get past 121.39. Once that's done, it can start looking for the pullback from this inverted Head-and-Shoulder pattern that is developing right now. It's broken the neckline and now needs to be confirmed. Once the pullback is done, I'll be looking for a long entry.




The sum is greater than its parts.
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