Deep retracement or reversal give chance for SHORT position

Formation of Rising Wedge and RSI Divergence on 4h chart at USD / JPY, show weakening of the bullish movement and possible deep correction or complete reversal of the trend.

Entering after breaking the trend line and closing the bearish candle below 20MA on bollinger bands. SL can be placed above the resistance level, and the TP at level 105.
After successful bearish movement, some of the profit can be closed on support 108 and the SL can be moved lower.

 Trader Georgi Bozhidarov

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