Flag pattern clearing forming on 1H chart.
This pattern can also be seen up to the 4H chart.
This flag pattern is a possible indication of a continuation of the bullish trend we have seen on USDJPY in recent weeks.
Strong rejection at support @ 108.40 would confirm a buy or you could wait until the break out and retest at 108.80 for a more risk off-trade.
This pattern can also be seen up to the 4H chart.
This flag pattern is a possible indication of a continuation of the bullish trend we have seen on USDJPY in recent weeks.
Strong rejection at support @ 108.40 would confirm a buy or you could wait until the break out and retest at 108.80 for a more risk off-trade.
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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.
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.