JoelFX1996

sell price of channel

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
we have a huge channel after a big whip action price will be settling down, reading my analysis, price is about to fall to the first support that price made when it started normalizing. creating a key area to focus on for any s+r based trader. Being such a clear level and having such a respected resistance also, along with price respecting the moving average, we can simply ride this down.
Comment: just waiting for price to break and close below the MA on the 4h

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