RaynLim

Tempted to short USD, but...

Education
FX:USDJPY   U.S. Dollar / Japanese Yen
Any counter-trend trader and the active trader will be tempted to short this candle formation. However, a matured trader will hold his horses and check if there's any upcoming Economic Data Release. You will see that there's one that's going to happen in less than 45mins time.

Remember, you are a trader, not a gambler.

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