USD-JPY BEARISH FLAG BREAK OUT
USD-JPY PAIR HAS FORMED BEARISH FLAG FORMATION ON H-4 AND H-1 CHART. PAIR BROKE TO THE DOWN SIDE OF FLAG, WHICH SUGGESTS THAT IT MAY CONTINUE IT'S PREVIOUS BEARISH MOVE.
SELL ENTRY: 107.25
STOP LOSS: 107.80
TARGET-1: 105.70 (1.272 FIBB. EXT. OF PREVIOUS BEARISH SWING)
TARGET-2: 104.55 (1.618 FIBB. EXT. OF PREVIOUS BEARISH SWING)
SELL ENTRY: 107.25
STOP LOSS: 107.80
TARGET-1: 105.70 (1.272 FIBB. EXT. OF PREVIOUS BEARISH SWING)
TARGET-2: 104.55 (1.618 FIBB. EXT. OF PREVIOUS BEARISH SWING)
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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.