Hey Traders, We're looking at a fall in the XXX/JPY pairs. I've found a setup in USDJPY that looks very promising. Here are the details.
Reasons to sell:
Top of channel
pinbar and reversal candles
bounce off the 111.750 price level
recent upmove looking exhausted
Rejecting off a resistance
ENTRY: 111.500-111.250
SL: 112.09
TP: 110.090
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