RaynLim

USDJPY-Weekly Market Analysis-Jun21,Wk4

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
A Bearish Deep Gartley Pattern has formed, for those who had missed the trade, don't stress up. It is possible that the market can retrace 37pips in the coming Monday for a second chance entry.

A break and a close below 109.93 increase the strength of the bearish movement, hence, the winning rate for traders who had engaged in this counter-trend trading opportunity.

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