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Market_ATM

USDJPY Potential Short Trade

Short
U.S. Dollar / Japanese Yen (OANDA:USDJPY)  
Market_ATM  
OANDA:USDJPY   U.S. Dollar / Japanese Yen
Support and Resistance Candlestick Analysis Moving Averages
3
1
supportandresistance candlestick movingaverage
Structure: Sideway (108.45 - 109.70)
Moving Average: Uptrend
Trendline: Weekly Downtrend Line
Pattern: Double/Triple Top
Trigger: Breakdown of Week Low
Resistance: 109.70 - 110

Potential lower high may be formed at 109.30-109.40
Wait for Reversal Signal on 1H to short
First Target: 108.50
Second Target: 107
SL: 109.80 or 110.20
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