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LegendaryStick

Sell Opportunity on Pullback to Bearish Trendline on USD/JPY

Short
U.S. Dollar / Japanese Yen (FX:USDJPY)  
LegendaryStick  
FX:USDJPY   U.S. Dollar / Japanese Yen
pullback Parallel Channel retracement Fibonacci Retracement fibonacciextenstion
3
0
pullback parallelchannel retracement fibonacciretracement fibonacciextenstion
There has been pullback to a the upper bearish trendline in a channel and there are also major fib levels in play. The orange levels are a retracement and price is currently at the 61.8%, and the black level is an extension for possible profit targets, as I took its intersection with the lower trendline.
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