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stuartjohnston1981
Apr 18, 2021 11:09 AM

USD/JPY Short

U.S. DOLLAR / JAPANESE YENICE

Description

MACD cross over
Squeeze histogram decrease on the downside.
Downward wedge using the 4 hr timeframe.
Doji candlestick indicates indecision.

4 hour timeframe and 1hr time frames indicates continuation of bearish trend. Weis Wave Volume, MACD and Squeeze indicators all show continuation of bearish trend.
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