Here, I am presenting USD/JPY with a pitchfork to assume the next step. At 103.90 there is a hurdle. At present, the trend is moving sideways. But if it crosses the hurdle(103.90), then it will touch the following targets 104.06 - 104.26. And if there is a beginning of fall, then the targets for the intraday traders will be 103.56 - 103.26.
Trade closed: target reached
All targets reached (104.06 - 104.26)
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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.