USDJPY, 4hr tf, bearish flag or ABC correction
Trade ideas for USDJPY by Hardi
It looks like price broken below the bearish flag support with a solid candle on the 4hr tf.
This could also be an ABC correction, either way both are correction to the downside so we will try selling this pair.
Sell USDJPY 109.05
Stop loss 109.85
Take profit 106.20 (3.5R)
Use only 1-2% risk
Good luck
It looks like price broken below the bearish flag support with a solid candle on the 4hr tf.
This could also be an ABC correction, either way both are correction to the downside so we will try selling this pair.
Sell USDJPY 109.05
Stop loss 109.85
Take profit 106.20 (3.5R)
Use only 1-2% risk
Good luck
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