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PyramidFx
Mar 22, 2024 3:24 PM

USDJPY possible double top Short

USD/JPYOANDA

Description

#usdjpy price testing resistance level 151.70-90 which is high level of last year 2023. price need energy to fall down side for 148.90 & 148.00. time requires in building energy. suspect price will hold the resistance level to make double top. stop loss above the resistance level as 152.10, entry level 151.25 & 151.75. target: 148.90.
Comments
Donia2000
Your SL was perfect . thanks!
PyramidFx
@doniaggg, welcome mate
TheFxAce
The market conditions you describe have me thinking it’s time to sell.
PyramidFx
@TheFxAce, yes expecting bearish
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