USDJPY Potential Bearish Opportunity Forming

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USDJPY Sell Opportunity Forming At The Moment

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Hi Traders! We have USDJPY potential bearish opportunity forming at the moment. A detailed analysis of this sell setup is as follows:

USDJPY H4 Chart:

On the H4 chart the price has broken below the uptrend line, which we may consider as an evidence of bearish pressure. In addition to this, the price has also created a false break with bearish divergence, which we may consider as another evidence of bearish pressure. Hence everything looks good here for the bears, if the price moves lower and breaks below the level at 110.50, we may then start looking for sells with more bearish evidences.

USDJPY Potential Bearish Opportunity FormingNote: It is always recommended to look for confirmations before you jump into any trade. If you are not sure about how to trade this sell setup then you can use any setup and strategy that you have in your arsenal to look for bearish moves and join this sell trade.

If you want to learn how to do such analysis yourself, if you are looking for a professional team of traders and one of the best online trading communities, If you are looking for enormous archive of Webinars, Trading Tools, Trading Strategies, Books, Indicators, Expert Advisors and much much more, join my traders academy club for only $197 PER YEAR.

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Regards,

Yordan Kuzmanov
Chief Trader at Traders Academy Club

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Jaxon

Thank you so much, appreciate you and your whole team.

Isaac
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Isaac

Thanks for sharing the trade ideas Yordan

Henry
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Henry

thanks Yordan