Bullish Flag USDJPY

26 ביולי 2023

Respecting the higher time frame bounce I used the fib to measure the low to the high. The candles are forming a downward channel. I will wait for a breakout to see the market make new highs. Take profit will be at 1.618 and the stop loss will be under the higher low point price forms. Typically around 20-25 pips