take a look at how a pin bar can indicate a possible downtrend

In the chart above,
we have a bullish pin bar that formed on the USDJPY weekly chart.
.This pin bar formed at a previous resistance level,
which is now acting as support.
This price action signal tells us that the market is likely to see higher ground in the weeks ahead.
"BUT" instead of trading the weekly time frame,
we can move to the daily chart and watch for bullish price action.
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