Seeing this bearish pattern for the USDJPY. OBV shows sellers still have control of this trade in the short term chart as well as well as in Weekly Chart. A break below the 3rd bearish flag will be devastating. I feel it's going to need an unprecedented reversal to shift my view and turn me into a bull for now.
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.