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JD_TeenTrader
Mar 5, 2024 11:51 AM

The BIG SHORT USDJPY  Short

USD/JPYOANDA

Description

This is a counter trend but here is why we are selling.

Trend:

W1: Up
D1: Up
H4: Flat

Moving Average:

Above the Daily MA
H4 pointing downwards

Pattern:

Shark on Daily

Strong resistance at 151.50

Double top on Daily and lots of divergence
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