theselfishtrader

USDJPY - Inside bar breakout

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FX:USDJPY   美元 / 日圓
Price has broken back into an area of former congestion (108.8 - 106.8) and has fallen to test the lower range after a double-top
Price action has now stalled and is showing some indecision, forming an inside bar.
Trading the break of the mother bar to the downside should see a restest of recent lows (see chart)


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