USDJPY BUY SETUP

Price has fallen to the 50% fib area.

I am looking for buys at this point and have entered one position.

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On the 4HR price looks to have completed a shallow retracement at the 23.6 level, which means it should stall around the -.27 level ~107.7X level.

Once price reaches this level, I’d look for buy entries.

I’ve closed my open position.

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