We've seen this particular set-up on AudJpy's background past price entries before. I simply see it as free money. Of course we always should await a break and retest of trendline structure before entering. Be careful at the 100% Retracement Area as there is a likely chance of a double top forming.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.