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Forex Trade Updates

CADJPY Sell Idea

By

Vladimir Ribakov

-

April 13, 2016

541

CADJPY has also formed bearish hidden divergence on the H4 chart and it seems like it is going near the 161% expansion. I will be looking to sell from this level.

Technical Analysis

H4 – Hidden Bearish Divergence

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H1 – Potential Bearish Divergence

Entry:

Look for entry near the 86.00 level. There is potential bearish divergence forming as well.

Target 1: 85.50
Target 2: 84.70
Stop Loss: Above 86.00

Yours,
Vladimir

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