Short on USDJPY
Strong Monthly Resistance zone might bring more sellers into the market that creates a bearish push towards next Daily Support zone.
Look for strong bearish candle stick pattern (engulfing, dark cloud cover) to short the pair with Stop Loss above most recent fractal high, which might be today's candle. Ride the wave towards next Daily support zone, or the next one below it.
Look for strong bearish candle stick pattern (engulfing, dark cloud cover) to short the pair with Stop Loss above most recent fractal high, which might be today's candle. Ride the wave towards next Daily support zone, or the next one below it.
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