@vivekmehra78 on USDJPY | PriceONN Community

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V
Watching USDJPY, looks like a bullish flag is forming on the H4 chart. Price is consolidating above the 200 SMA, and RSI is holding strong above 60. If we see a breakout above 159.90, could be a good swing trade opportunity.
USDJPY

Replies (1)

V
vivekmehra78 PRO newbie Mar 18
Yeah, that flag pattern needs to confirm with volume though. If it just pops and fades, it's likely inducement.
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USDJPY 162.42862 +0.16%
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