USDJPY BEARISH FLAG TRADE
AS SEEN ON PREVIOUS MARKET ACTIVITY, PRICE HAS CONSOLIDATED A IN BEARISH FORMATION.
MY IDEA IS THAT PRICE CONTINUE TO CONSOLIDATE IN THIS STRUCTURE AND WILL FALL FROM THE 102.800 PRICE LEVEL OR ON HITTING THE 103.800 LEVEL.
EITHER WAY, THERE ARE A GOOD 150 PIPS PROFIT WAITING TO BE TAKE ON THE USDJPY.
MY IDEA IS THAT PRICE CONTINUE TO CONSOLIDATE IN THIS STRUCTURE AND WILL FALL FROM THE 102.800 PRICE LEVEL OR ON HITTING THE 103.800 LEVEL.
EITHER WAY, THERE ARE A GOOD 150 PIPS PROFIT WAITING TO BE TAKE ON THE USDJPY.
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