bear flag breakout, where the market is going next?
hey traders,
on dollar yen we have a confirmed bearish breakout of a rising parallel channel called a flag pattern.
also, we have a confirmed bearish breakout of 111.00 level - decent level of support.
next levels that I will be focused on are
110.00
109.00
108.00
the best entry point for you is the retest of 111.00!
good luck!
Nota
the market has reached the first level of support
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