tradingalone
Short

SHORT USD/JPY ON A REBOUND TO Consolidation zone

FX:USDJPY   U.S. Dollar/Japanese Yen
40 0 0
Monthly ranging and hit into strong support.

Weekly and daily are in downtrends.

The closest daily level is at 114.62 at the previous consolidation zone and the 1H 200EMA is not far behind.

Look to short at those regions. Tier 2 shorts because consolidation patterns are strong..
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