UsdJpy showing an inverted H&S clear on the 1hr chart, target around 107
A break below shoulders would cancel this and indicate a further move down towards weekly trendline around 105.2
Short-term buy opportunity around 106 - SL below 105.8 - TP 107
A break below shoulders would cancel this and indicate a further move down towards weekly trendline around 105.2
Short-term buy opportunity around 106 - SL below 105.8 - TP 107
Trade closed: stop reached
UsdJpy gone lower and has now reached daily trendline around 105.6, look for a bounce here
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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.