• other japanese pairs are already in downtrend except for USDJPY moving in sideways
• "Eve & Eve" Double top is formed, indicating that the downside movement for this pair is not that strong and straightforward like GBPJPY did last few days
• the pattern is broken down and price retest successfully
• the two last 4H candles are hammer, IN the support area AND rejecting EMA90
• also there might be a strong bullish reversal divergence
• entry at current price or wait for it to reach the neckline
• SL ± at 124.800
• TP ± at 123.200
• "Eve & Eve" Double top is formed, indicating that the downside movement for this pair is not that strong and straightforward like GBPJPY did last few days
• the pattern is broken down and price retest successfully
• the two last 4H candles are hammer, IN the support area AND rejecting EMA90
• also there might be a strong bullish reversal divergence
• entry at current price or wait for it to reach the neckline
• SL ± at 124.800
• TP ± at 123.200