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RaynLim
Jul 17, 2022 6:09 AM

USDJPY-Weekly Market Analysis-Jul22,Wk4 Short

U.S. Dollar/Japanese YenFXCM

Description

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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