DeGRAM

DeGRAM | USDJPY false breakout

Short
OANDA:USDJPY   U.S. Dollar / Japanese Yen
The currency pair tested a very distant and strong resistance level.
There was no chance of breaking it, especially on the distribution movement.
There is no energy to continue moving up.
The price made a false breakout and consolidated below the level.
I am waiting for the correction to the ascending channel.


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