USDJPY Possible Buy Position

16 ביוני 2019

USDJPY seems to be ending a nice flag pattern on the 1D chart. But before this happens, the down trendline needs to be broken which also needs the 1H downtrend reverse after a small retracement. There are other less likely possibilities that need confirmations. Meaning, if the flag is broken from the down side, then we cannot rely on a long position. Please note that this not a signal but only an opinion. Trade at your own risk!