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Joined Dec 11, 2020
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chartpattern
indicator
short
swingtrade
usdjpy
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We have seen 2 indecision candles on the daily timeframe, a doji and a shooting star. These have formed in an area of resistance last tested in June 2015. When we drop down onto the 1 hour chart we can see RSI divergence, indicating a trend may be weakening and also the formation of a head and shoulders pattern. I'm in short with a stop above the head and a...
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