USD JPY, MAD SELL COMING IN
As we see here, this pair has broken a major trend line. I usually keep my charts clean to be able to see these sorts of setups, but anyways, we can expect either a full drop to a major support level or a retracement to the broken trend line then a drop. My first profit target is graphed already, currently waiting to see the momentum of price. Use larger time frames to determine if a retracement is possible.
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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.