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USDJPY: Trading Plan For US Session (Trading Plan)



🔻USDJPY is currently trading within a strong zone of confluence:

we see a perfect match of a daily horizontal resistance, resistance line of a falling channel and minor 4h/1h structure.


once the market reached a boundary of the channel, the price has formed a h&s formation.

yellow area is its neckline.

I want to see 1H candle close below that to initiate short.


goals:

105.09

105.0



in case of a new higher high higher close above the head, setup will be invalid

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