EMkioko

Usdjpy looks bearish in the start of 2024

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FX_IDC:USDJPY   美元 / 日圓
Am basing my argument on the bearish flag that has been printed in the recent price action.

Bearish flags are characterized by the small wicky candles that print against the trend, a sign a market has paused a bit before the continuation of the trend with a major move.

This from my backtests have always been high probability setups. We shall revisit to see how it goes.

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