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Reviewing a US Dollar Yen Trade Idea & Key Levels To Watch This Week
Today I have identified a potential pattern in the form of a double top pattern that is currently developing near a resistance point of value. At the current time it is still to early to place a short position but it is something that you may be able to keep your eyes on as the day and potentially the pattern progresses. In the charts below I have marked out my thoughts and I will talk you through it step by step. The first thing to notice in the chart above is that the pattern is occurring on a 4-hour time frame on the USDJPY. You will also be able to see the trend channel that I have drawn above, this channel ... (full story)