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  • Vasily Trader

USDJPY: Classic Structure Trade (Trading Plan)



USDJPY broke a strong key level on Friday.

Now we see its retest.


The price is steadily falling within a wedge pattern on hourly chart.


To catch a bullish movement from the underlined demand zone ,

wait for a bullish breakout (1H candle close above) of a wedge's resistance.

It will be a perfect confirmation to buy.


First goal will be - 110.8


In case of a bearish violation of a yellow zone, the setup will be invalid.

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