USDJPY Will Continue to Decline
USDJPY is in an overarching downtrend. The price has now shown signs of recovery, but this came to a halt in the area of a large order block. We therefore expect the downtrend to continue, from which we would like to profit with this short setup.
Trade closed: target reached
That was a fast one.
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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.