USDJPY - Potential Short - Weekly
Hello fellow traders,
USDJPY seems to be moving lateraly in a flag, preparing a downside move.
Watch out for a breakout of 111.6 as trigger for a short position.
Sell zone: on breakout of 111.6
Potential target: 107.8
Potential stop loss: 115.6
USDJPY seems to be moving lateraly in a flag, preparing a downside move.
Watch out for a breakout of 111.6 as trigger for a short position.
Sell zone: on breakout of 111.6
Potential target: 107.8
Potential stop loss: 115.6
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.