meszaros

USDJPY Short Target Price 107.54 ...

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
I assume that a fractal movement may occur at the intersection of the MA (50) and MA (100) indicator signals. As seen in the analysis. As the current ATR is twice the ATR of the first fractal shown in the figure, the expected decreasing fractal will be twice the previous fractal. Therefore, current levels may be suitable for taking a short position.

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