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Old 08-21-2008, 06:58 PM   #103 (permalink)
trader123
Senior Member
 
Join Date: Jun 2008
Posts: 197
Double-top formed for USDJPY

Fear in the financial market has strengthen Yen, at the same time USD has changed its direction from strong to weak.

Double-top formed for USDJPY on the hourly chart.

Shorted 10,000 USDJPY at 108.44
Stop level at 109.49
Target level at 107.00
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