Chibuike_Odoh

USDJPY - Potential breakdown 🔽

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
USDJPY Is printing a descending triangle pattern.
Potential breakdown.
Sell entry ⬇️ - breakdown below the descending triangle's horizontal support.
Targets 🎯 - descending channel support, fibonacci extension levels.
Setup invalidation ❌ - breakout above the descending triangle's inclined resistance.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.