USDJPY has reached major structural resistance and the upper border of the ascending channel. Then it dropped from there.
Price action created a gap. Usually, the market fills the gap. Currently, it is pulling back to fill the gap.
A false break is going to be an ideal short entry signal. We can see the price droped from this level before.
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Price action created a gap. Usually, the market fills the gap. Currently, it is pulling back to fill the gap.
A false break is going to be an ideal short entry signal. We can see the price droped from this level before.
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Share your opinion in the comments and support the idea with like. Thanks for your support!
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