RaynLim

USDJPY-Weekly Market Analysis-Jan21,Wk2

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
My bias in shorting USDJPY still stands, in fact on Monday morning I may just engage a trend trading trade by shorting USDJPY on this Shark Pattern as long as the market didn't gap away from the current price. What's nice about this setup is that not only the shark pattern form within the sell zone it is on an RSI Divergence.

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