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USDJPY-Weekly Market Analysis-Jul22,Wk3

Short
U.S. Dollar / Japanese Yen (FX:USDJPY)  
RaynLim  
FX:USDJPY   U.S. Dollar / Japanese Yen
Gartley Candlestick Analysis Harmonic Patterns askforex100 USDJPY Bearish Gartley countertrend intraday trendtrading
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gartleypattern candlestick harmonicpatterns askforex100 usdjpy bearishgartley countertrend intraday trendtrading
A Bearish Gartley Pattern has completed at 136.54; counter-trend traders could wait for a retest to engage the trade.

Trend traders can wait for a Bullish Bat Pattern that is completed on the 1hour chart; that is possible because the USDJPY is in a consolidation phase.

Unlike most pairs, the USDJPY consolidation doesn't necessary means that the market is going to reverse.
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