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A-R-N-

USDJPY (OSMA) Potential bearish Divergence into new high

Short
U.S. Dollar / Japanese Yen (FX:USDJPY)  
A-R-N-  
FX:USDJPY   U.S. Dollar / Japanese Yen
Chart Patterns Technical Indicators
3
0
chartpattern indicator
VERY SPECULATIVE : USD/JPY is showing some OSMA bearish divergence into a new high within the current rally.

The targets are based on a potential pattern that could be forming right now ( M pattern) and the stops are based on some old highs.

This is an incomplete setup and things may change over time invalidating the current view.

I would also like to point out that the potential pattern fits within the divergence.
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