The USDJPY pair on the M30 timeframe presents a potential selling opportunity due to recent downtrend breakout from well defined bearish flag pattern. This is suggests a shift in a momentum towards the downside in the coming hours.
Key Points
Sell Entry consider entering a short position around the current price of 154 positioned close to the breakout level. This offers an entry point near the precevied shift in momentum.
Target Levels
First support 153.18
Second support 152.55
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Key Points
Sell Entry consider entering a short position around the current price of 154 positioned close to the breakout level. This offers an entry point near the precevied shift in momentum.
Target Levels
First support 153.18
Second support 152.55
Your like and comment are incredibly motivation and will encourage me to share more analysis with you.
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