USD/JPY: Sell Set-up
Pair is still in a bearish trend.
We can see that a recent candlestick rejection just happened on the 1hr TF, indicating a strong selling pressure.
Waiting for 2nd candlestick to close as a bear candle to confirm trade.
Target last low/support area.
We can see that a recent candlestick rejection just happened on the 1hr TF, indicating a strong selling pressure.
Waiting for 2nd candlestick to close as a bear candle to confirm trade.
Target last low/support area.
Note
Follow up candle is not bearish, not convincing enough. need to close below 138.70Trade closed: target reached
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