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U.S. Dollar / Japanese Yen
Short
Updated

USDJPY: One More Confirmation 🇺🇸🇯🇵

775
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One more update for USDJPY .
Since my last post, the price formed a double top formation on 4H.

Bearish breakout of its neckline (yellow zone) will be a perfect trigger to short.

Your goal will be 110.25

In case of a new higher high higher close on 4H, the setup will be invalid.

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Note
Check my new analysis on GOLD:
GOLD (XAUUSD): Did You See This CONFLUENCE ZONE?? 🥇
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Chart PatternsDouble Top or BottomforextraderforextradingTrend AnalysisUSDJPYDJ FXCM Index

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Chart PatternsDouble Top or BottomforextraderforextradingTrend AnalysisUSDJPYDJ FXCM Index
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Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.