USD-JPY BEARISH FLAG BREAK OUT

USD-JPY PAIR HAS FORMED BEARISH FLAG FORMATION ON H-4 AND H-1 CHART. PAIR BROKE TO THE DOWN SIDE OF FLAG, WHICH SUGGESTS THAT IT MAY CONTINUE IT'S PREVIOUS BEARISH MOVE.

SELL ENTRY: 107.25
STOP LOSS: 107.80
TARGET-1: 105.70 (1.272 FIBB. EXT. OF PREVIOUS BEARISH SWING)
TARGET-2: 104.55 (1.618 FIBB. EXT. OF PREVIOUS BEARISH SWING)