vdubus

USDJPY SHORT 120.612

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
1
The pair has hit resistance on the underside of the trend just short of my previous long target 123. I'll be looking for a close below for an entry short targeting 120.612

The lower 'Test' indicator above measures the external distance between price & Bollinger bands indicating a trend reversal. Im expecting the next 'spike to sit lower than the current high. - Example below

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