The M5 and M15 time frames may have more false entry points.
FX.co ★ USDJPY M5: Bearish Flag
Signal strength 1 of 5
USDJPY M5: Bearish Flag
The Bearish Flag pattern has been formed on the chart USDJPY M5 which signals that the downward trend will continue. If the price breaks below the low at 131.59, then it is most likely to move further downwards. The price will likely move by the number of points which equals the length of the flag pole (10 points).
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade