Hoofus
Short

Looking for retracement to the 0.618 and then macro wedge break

FX:USDJPY   U.S. Dollar / Japanese Yen
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2
38 0
On the 4 hour there is a potential double top . I am expecting an entry at the 0.618, this will be followed (hopefully) by target 1 coming at the return of that move.
However on the macro daily pattern there is a rising wedge ; so I am hoping that target 2 will drop to the bottom of this wedge or maybe 50%
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