USDJPY

155
This setup is based on knowledge of patterns and liquidity.
the chart is presenting a bearish flag pattern and as we can see we got also a formation of equal highs which is our liquidity zone.
My view on this is we should expect a fakeout to the upside to grab the liquidity till the level of the 4hr supply zone then an aggressive movement to the downside with final target the lowest point of the bearish flag with target 129.7

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.