simontien
Short

Waiting for an extra signal to short

FX:USDJPY   U.S. Dollar / Japanese Yen
Fibonacci extension of recent swings high match well with previous structure. Looking at the last candle of daily chart , price was rejected below that structure.
On the other hand, zooming into 1h chart, price broken last structure high.
That's why I'll wait for a possible double top on the hourly chart to get in this trade.
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