USDJPY H4
It has multiple divergence and head&shoulders pattern at the top of the last month rally so In Regards to indications of exhaustion it seems suitable to consider going for short positions after a 1400 PIPS rally
Trigger-Line is as shown at the picture and Stop-Loss will be the Last Major-Top
Trigger-Line is as shown at the picture and Stop-Loss will be the Last Major-Top
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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.