USDJPY Analysis:
USDJPY has broken the bottom level of the rising wedge and the minor descending channel in the 4-hour timeframe chart.
After the confirmation of downward movement, USDJPY sell signal was given.
But USDJPY hovers around the entry price range and starts to make a ranging movement between the entry price levels for a long time.
The market moved up and down between the entry price ranges for more than 2 days.
As per signal following rules, due to lack of movement, the USDJPY signal has closed at an entry price level.
For new users: Please note that: USDJPY signal has been closed at the entry price level due to lack of movement and the 2 days protection rule. Keep following our signals as per the signal rules given to you under each signal message: https://signal.forexgdp.com/follow
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Please be patience and wait for the next good opportunity signal. We always want you to trade safely under all market conditions.
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