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