USDJPY Trend analysis

已更新
after forming a bearish flag, the pair could BO downward. However, we could only go as low as 111.60 as we are near a strong zone (blue shade) and a long term TL (green thick line).

a long order can be placed after forming a double bottom at 111.10 and respecting lower TL.
注释
still inside the flag. no crossing so far
注释
BO, testing the flag from below the TL
注释
BO failed after trying to test the flag. now the pair is back in the flag. going to test 113.30, upper flag and long term median line.
交易结束:到达目标
Chart PatternsTrend Analysis

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