Is anyone else seeing a potential flag forming on the H4 chart for USDJPY? Price is consolidating around 159.40, and the RSI seems to be cooling off a bit. Could be a good opportunity for a breakout trade if it confirms. What do you all think?
@brandonthomas I see what you mean about the flag pattern on H4. It does look like consolidation. I'm more focused on the daily chart currently, but I'll keep an eye on that consolidation zone you mentioned for potential breakout confirmation. Let's see how this New York session closes!
