USDJPY Daily Timeframe Pin Bar Trend Continuation Trade

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I spotted this potential trend continuation trade on the USD/JPY pair. The market has been in a down trend since the beginning of the year and has recently pulled back to previous structure support now acting as resistance. it almost touched the 61.8 Fibonacci retracement. There is also a 55 Day EMA confluence with further confirmation with the formation of a bearish pin bar.