Usd/Jpy

٩ أكتوبر ٢٠٢١

Hello traders! For my opinion this pair is sell because is in the "channel scheme" , "xabcd pattern" is to consolidation , and timeframe weekly is "three drives pattern " which is waiting to be confirmed.
Fibonacci and some of the indicators show a downward trend.
Target one: Sell 110.720
Target two: Sell 109.086
Don`t forget to look the economic calendar.
THANK YOU!
GOOD LUCK!