Welcome back,
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Shorting USD/JPY for the following reasons:
.
Prices trading below monthly fib levels of the swing (we're in a huge triangle)
Prices trading below weekly MA200
Prices tried pushing up today, failing to break the RED rectangle of resintance.
Failed to break the trendline
Fractals not pointed a LOW in the Weekly timeframe.
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What do you think?
Drop a like and a follow!
See you on the next one!
-
Shorting USD/JPY for the following reasons:
.
Prices trading below monthly fib levels of the swing (we're in a huge triangle)
Prices trading below weekly MA200
Prices tried pushing up today, failing to break the RED rectangle of resintance.
Failed to break the trendline
Fractals not pointed a LOW in the Weekly timeframe.
-
What do you think?
Drop a like and a follow!
See you on the next one!