JoeHayes

USDJPY Trendline break with Divergence

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FX:USDJPY   美元 / 日圓
Expecting USDJPY to break to the downside after a pin bar formed after penetrating the broken trendline. This is coming off multiple divergence on the MACD and this most recent top also has RSI divergence to confirm. Some might wait for an M pattern to form and adjust position size and targets but the pin bar offers an opportunity to maximize risk reward for this trade.
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