USDJPY SELL SET UP

This pair has an interesting set up, the price is on a downtrend for the past weeks, making Lower Highs and Lower Lows, right now the price is on a converging bear zone with a strong daily resistance, a .50 FIB level, the descending trend line. To enter a trade, we will wait to see a bearish candle or chart pattern on a lower timeframe.

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