Head and Shoulder formation followed by bearish flag USD/JPY
I found very good formation for intraday short position. There is head and shoulders formation and broken bearish flag in the background. My targets are set at the price of 113.26 and 113.00.
Trade closed: target reached
First target at the price of 113.26 has been met. Awaiting second at 113.00.
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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.