美元 / 日圓
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USDJPY Sell

64
The USDJPY is trending up on the daily time-frame and on the 4hr time frame. However on the 1hr time-frame its a downtrend, a retracement of the 4hr uptrend.
I being a trend trader, I wait for the formation of 1hr bearish candlestick formation to enter in on a short position provided the previous resistance on the 1hr time-frame is not broken.

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