FX:USDJPY   U.S. Dollar / Japanese Yen
USDJPY, the double bottom pattern, might indicate a reversal of the previous downward trend. Traders often use the distance between the lowest low of the pattern and the resistance line to estimate a potential price target.
Based on this pattern, and major direction of trend, a projected target of 151 might be feasible. However, it's essential to apply technical analysis and consider other indicators to confirm the pattern and potential price target before making trading decisions.

VIP SIGNALS AND EDUCATION
forextradingwizard.com
FREE TELEGRAM CHANNEL
bit.ly/342slNF
#1Regulated broker TMGM,Link shorturl.at/ejTZ8
YOUTUBE CHANNEL
bit.ly/3GmqN1E
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.