USDJPY | Losing Strong Horizontal Support Zone

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Initiate Short.

Entry - 107.833
TP1 - 104.621
TP2 - 100.161
TP3 - 94.184
SL - 108.725

Reason: The price formed a symmetrical triangle and reasons for it to be broked downward are: Price losing strong horizontal support also Pivot Point and Ichi Cloud support.

-Please consider entering the breakout of a Symmetrical Triangle, or at least the price confirms the lost of strong horizontal.

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Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.

The information given is not a Financial Advise.