USDJPY SHORT

UJ SHORT
-Rejection at 4 hourly trend line for 4th time
- Failed to break above 0.5 fib level ran from A to B. rejected 3 times.
- Bullish engulfing candlestick pattern .
-Closed under 0.382 on hourly time frame.
-came back up and retested 0.382 fib level multiple times before continuing trend to the downside
Trend Analysis

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