ElemontFX
Short

USDJPY POTENTIAL BREAKOUT

FX:USDJPY   U.S. Dollar / Japanese Yen
61 0 2
USDJPY             is trying to break below its local flag pattern (currently retesting the bottom trendline ). If it successfully rebounds now we will see a new short-term bearish trend towards support and price may seek to retest the top of the former major flag pattern .

If price goes back into the local flag pattern we will have to wait for a new trigger
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