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USDJPY - 16 Jan 2025 Setup

USDJPY Market structure are breaking down a bullish structure and now in bearish mode on H1 timeframe. Spotted supply area (RedRectangle). its the first supply area after a long bullish run.

Entry Position : Short
Profit Target : 1:3 Shown on the chart image (Green Line)
Stop Loss : Slightly above supply area (Red Line)

Follow me if u guys making any gains from this idea.

Thanks
Coffee Trade Team
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