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TeddytheBear has taken 4th place in Technical Analysis Contest May 2018

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EUR/JPY astronomical cycles pointing up till 08/30

Hello everyone from the Dukascopy Community,
Here is analysis of EUR/JPY, looking at it 's astronomical cycles I see we are going up till around 08/30. We also broke above a Quarter Point and the Center of Gravity calculations turned our tunnel green on the daily. This is looking good to me.
EUR/JPY - LONG till 08/30
TP1: 130.76
TP2: 132.83
TP3: 134.98

Entry: Wait for a retracement or let it go. But it's not really a nice entry, you should catch it on the flip side.
4H chart also looks very …
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Already counting 25 pips almost hitting TP1.

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USD/JPY oversold on the daily

As we can see with the COG on the daily we are oversold and are still in an uptrend. I expect another rally the coming months.
Entry: 110.358
SL: 110
TP1: 112.5
TP2: 114.7

This method is used by implementing planetary lines and Fibonacci.
We also have a strong Quarter point as support on 110.
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