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[QUOTE="riki143, post: 141674, member: 29499"] [B]EUR/JPY Daily Analytics[/B] 07:46 11.01.2018 Recommendation: SELL 133.05 SL 133.60 TP1 132.05 TP2 131.5 On the daily chart, EUR/JPY is trading in the “Shakeout-Fakeout” pattern. After reaching 161.8% target of AB=CD the pair returned inside the previous consolidation range of 131.50-134.30. A break of the lower border of an uptrend will increase the risks of correction to the long-term bullish trend. [IMG]https://fbs.com/img/articles/6175/1515656628-8afba167b3e7c15d0d5d28d0f3c7b966_1200x1200_q90v3.png[/IMG] On H1, a successful test of support at 133.05 will allow bears to trigger the “Shark” pattern and make the pair go to 88.6%. [IMG]https://fbs.com/img/articles/6175/1515656674-144c086f9efd0dd7367f2818eb875c0e_1200x1200_q90v3.png[/IMG] More: [URL]https://fbs.com/analytics/articles/eur-jpy-bulls-went-to-the-stable-6175[/URL] [/QUOTE]
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