USDJPY SHORT INCOMING
Reasons for taking a short trade:
1. Price broke out of ascending channel - high chance of it going to the bottom of structure
2. Correctly is a corrective state which has created a neutral pattern and is currently at the top structure
3. Price is at an area of resistance that has created a double top
1. Price broke out of ascending channel - high chance of it going to the bottom of structure
2. Correctly is a corrective state which has created a neutral pattern and is currently at the top structure
3. Price is at an area of resistance that has created a double top
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