jefftan
Short

USDJPY : NEEDS TO BREAK THE BLUE SLIDING PARALLEL

FX:USDJPY   U.S. Dollar/Japanese Yen
165 1 1
Price is trying to switch to the blue channel but it has to break and close below the downsloping blue sliding parallel.

Market flow is down.
jefftan
3 years ago
Price is firmly now in blue channel territory. Look for opportunity to short on upward retracement with target at bottom of the blue channel.
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