Price is currently retracing to potentially ret-test the previous point of support ( now resistance ) and is showing potential to move bearish to complete the move.

STOP LOSS - RED PRICE LEVEL
TAKE PROFIT - GREEN PRICE LEVEL
ENTRY - GREY PRICE LEVEL
Risk to reward 1:2
Risk no more than 2%
Chart PatternsTrend AnalysisUSDJPYusdjpyanalysisusdjpydailyusdjpylongusdjpysellusdjpyshortWave Analysis

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