USDJPY - 5 mins chart and awaiting break out..

FX:USDJPY   U.S. Dollar / Japanese Yen

5 mins break point..
I think It carries potential to test 108.60-7X .. That comes in as a recent bear flag break base getting a retest.. Holds; this should get back on the current price action phase which is a bear flag as well. Hence 108.60-7X for the day is current bear flag top out zone..
I think I posted the view earlier today..
TradZ TahirKhan
Sounds about right. Good Analysis, keep it up
TradZ TradZ
It broke past 108.35, gd break
Its the FED's that this is likely waiting on for now..
but this is as crisp as I can find on 5 mins.. so let's see..

My preference is to see it breaking sweat to the downside.. I have got an amazing run past 2 weeks and wondering when I will be finding myself on the wrong side of the fence. lol..

TradZ TahirKhan
Nice! so do you a break above 108.3 is considered the break?
TradZ TradZ
do you think:)
Ha! I was just observing this channel on the 5min as well:)
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