MatTheCat

USDJPY, What goes up, must go back down (at least a bit)

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FX:USDJPY   美元/日元
Overextended breakout rally, running into high volume resistance level. Long positions will start exiting here, and shorters will start selling. Entry is an conglomeration of Fib extension and retracement levels (not shown), a PoC on previous consolidation, and notch in visible Volume profile.

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