U.S. Dollar / Japanese YenUpdated

U/J Head and Shoulders Forming Daily

Reverse H&S forming Daily chart.Wait break of Neckline to confirm Pattern.Possible 270 PIP trade,but is against the current downtrend.Aggressive SL 105.80 conservative SL below Head @ 104.50 Big volume on R Shoulder.
Better to trade with the trend.Care with this one.
Note
Move SL up to 108.20
Note
Possible H & S forming.
Exit position and take profit.

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