DeGRAM | USDJPY structure based trade

1 049
USDJPY has reached major structural resistance on the daily chart.

Price action is testing a major resistance where the price made a sharp move down.

A false break is going to be an ideal short entry signal because the price may move higher and come back to take out stops.

We already have no momnetum; small doji candles at the level and a bearish harmonic pattern.


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