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RaynLim

USDJPY-Weekly Market Analysis-Jul22,Wk4

Short
U.S. Dollar / Japanese Yen (FX:USDJPY)  
RaynLim  
FX:USDJPY   U.S. Dollar / Japanese Yen
Crab Harmonic Patterns Candlestick Analysis askforex100 USDJPY Bearish Deep Crab hoplevel Deep Crab countertrend rsidivergence
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crabpattern harmonicpatterns candlestick askforex100 usdjpy bearishdeepcrab hoplevel deepcrab countertrend rsidivergence
USDJPY is on a strong Bullish Trend. However, counter-trend traders can wait for a retest at 139.11 to engage a shorting opportunity based on the Bearish Crab Pattern retest at the HOP level.

A retest at the HOP level also means I'll be getting a RSI Divergence.
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