Possible USDJPY Reversal Area
We have both a bullish harmonic pattern and a wolfe wave pointing to a possible reversal area. Traders should wait to see if the price traces back up and closes within the wedge. If this point is reached a long position can then be entered with a take profit located around the 112 level. The price can still fall further from this area so a long position should not be entered until the close back in the wedge
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