OraclePips

USDJPY BIAS: SELL

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
USDJPY is showing a sell continuation as it's failing to make a new high. The double-top pattern has formed with a pin bar and is now forming a bearish engulfing candle. You can wait for this current candle to close before placing a sell order. Pips aim: 50pips.

Stop lose: 140.81; Take profit: 139.67; Entry: Market.

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