USDJPY broke down from major support and is currently in bear flag, which has bias to break to the downside and is a bearish continuation pattern.
Sell the break of the uptrend line and take profit at 103.350, around 30 pips profit.
Both RSI and MACD are very bearish.
It's wise to follow in order not to miss on such opportunities!
Cheers,
Tibor
Sell the break of the uptrend line and take profit at 103.350, around 30 pips profit.
Both RSI and MACD are very bearish.
It's wise to follow in order not to miss on such opportunities!
Cheers,
Tibor
Trade closed: target reached
Target hit! +30 pips
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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.
Related publications
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.