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austinlmkc

USD/JPY Fibonacci - Short

Short
U.S. Dollar / Japanese Yen (OANDA:USDJPY)  
austinlmkc  
OANDA:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis investing trading pattern trend short USDJPY
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trendanalysis investing trading pattern trend short usdjpy
Support and resistance are clearly defined. Fibonacci indicates strong resistance at level 0.618. on the 45-Min Timeframe. Waiting to see what candlestick shows next.

Question: Would this be considered a double top?

Key Points:

- Support and Resistance
- Fibonacci indicator
- Down Trend
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