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xrpbilbs

USDJPY - Sell

Short
U.S. Dollar / Japanese Yen (BLACKBULL:USDJPY)  
xrpbilbs Updated   
BLACKBULL:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Technical Indicators Chart Patterns Contains IO script
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trendanalysis indicator chartpattern containsioscript
The pair currently sits near multi-year highs, and many traders are eyeing a potential short opportunity. Here's a quick breakdown:

  • Highs Near Long-Term Averages: The current price is close to the USD/JPY's historical mean, suggesting a potential correction.
  • Increased Short Sentiment: Recent data shows a rise in traders holding short positions, indicating broader market anticipation of a decline.
  • Technical Indicators: Some technical indicators might be signaling a potential reversal, though relying solely on technical analysis is not recommended.

Manage risk acordingly.

Entry - Sell
Price: 150.768
Stop: 150.921
TP: 150.166

Trade active:
Entered Trade @ 150.768
Comment:
Secured 50% and moved stop to entry ahead of news.
Trade closed: target reached
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