USDJPY - Inside bar breakout
Price has broken back into an area of former congestion (108.8 - 106.8) and has fallen to test the lower range after a double-top
Price action has now stalled and is showing some indecision, forming an inside bar.
Trading the break of the mother bar to the downside should see a restest of recent lows (see chart)
Price action has now stalled and is showing some indecision, forming an inside bar.
Trading the break of the mother bar to the downside should see a restest of recent lows (see chart)
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