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tradafx
Feb 23, 2022 5:29 AM

A reversal pattern appeared with USDJPY Short

USD/JPYOANDA

Description

Daily time frame.
Structure: Uptrend.
A divergence signal with MACD and a double top reversal pattern appeared.
Waiting for the falling price to break the Key level at 113,500 and have a signal to confirm the downtrend, then we can look for selling opportunities.
The profit target is the 109,000 price zone.
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Wish you all have a good trading day!
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