Some insight into a wedge formation in CAD JPY. We look for a break in the trend leading to either a long or short position.
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Strong trend analysis leading to a reversal and a rise in CHF JPY. SL: 108.169 and TP: 109.610 and TP2: 109.903
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I see a falling wedge with the opportunity for profit from a short position with SL: 1.12717 and TP: 1.11000
Use risk management as if it breaks upper trend line one may want to start thinking about closing the position.
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