USDJPY: Pending Sell Setup At Median Line

In my previous USDJPY idea i described that price has broken above a long term dowtrend and we should expect a pullback before going long. Looking at the chart we have a good opportunity to get involved in this pullback with price being rejected for the median line of a modified schiff pitchfork. Entry point and sl as shown at the chart. No specific tp, when price reaches the lower parallel of the modified fork we take our profits.

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