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As mentioned in my previous post, I am still bullish on USD/JPY, and I said many times in various seminars that I will be looking for a chance to buy. This chance came pretty soon after, in the form of a correction followed by tell-tale signs of buyers stepping in (look at those lower shadows!). When the correction was happening, many people started thinking that a reversal was going to take place. I was not worried, and the reason for my confidence was the proven power and reliability of the Swing setup.
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