USDJPY Weekly Outlook 22-26 May

Price is forming a flag...which means that price will drop....also...we are coming down from a highpoint..so price should continue down until the bearish impulse is violated......sell the bounces or the break of this pattern.........This week..price can move up along this flag channel...but watch for the break. This is contrary to the other USD pairs...but we'll update as we see the need....as of now..I only predict what I can see.....and I see a flag forming.......





Chart updates and trade setups will be updated as needed below....so stay tuned....your comments are needed and appreciated....

CATCH THE WAVE......AND RIDE IT..