USDJPY Short

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4hr: Price retracing back into a resistance level
1hr: Price decelerating at this level and a series of rejection candles forming
5min: We can see price making a double top at R1 with huge divergence on the MACD

Looking for a retest of the 1hr 50ema as a target. Small day trade opportunity

Good luck in the markets.
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Trend Analysisusdjpyshort

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