Take note of the opening price today. If prices closes above the day high of Friday candle, it validates a bear trap where people were trap in shorting usdjpy when it breaks below 108.50 and now it reverse back trapping them, but we need to see if it close high today to confirm
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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.