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USDJPY - PRS on Exit from Range and down we go.

As mentioned several times in the past when ranging for a long time we do not care to examine all the waves , just the ones before the exit from the range. That is why we set up our Rectangle Break indi and when it breaks we will be notified and examine the recent waves.

This is a 141 pips range, look at the last two up waves High SI at top and finally PRS.

Watch out now Fib hit.

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