USDJPY- Potential downward structure
Looking at the movement and price action, UJ could make a possible symetrical structure like the previous upward move. We can have three short trades as shown or each trade can be taken and then wait for pullback and re enter.
Trade active
Note
First target hit.Note
Second target hit
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.