USDJPY may drop 400 pips
In weekly chart price is overextended and retracement seems due ,
in lower time frame we have potential rising wedge pattern , where price is rising inside trendlines , for a sell setup we may wait for price to retest top of range or else break below current range can be seen as potential sell opportunity.
in lower time frame we have potential rising wedge pattern , where price is rising inside trendlines , for a sell setup we may wait for price to retest top of range or else break below current range can be seen as potential sell opportunity.
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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.