USD/JPY H&S neckline breakdown trial 4 Failure (Nikita FX )
USD/JPY has failed its H&S neckline breakdown which was already trial 4.
Trial 4 Failure means a mid-term trend reversal.
There are two supportive lines now:
one is ex-broadening descending upper line
second is H&S neckline.
If it will break through minor-triangle cross point:119.90 (May 08), USD/JPY will
be climbing more upward.
Nikita FX (climbingfx.jugem.jp/ )
Trial 4 Failure means a mid-term trend reversal.
There are two supportive lines now:
one is ex-broadening descending upper line
second is H&S neckline.
If it will break through minor-triangle cross point:119.90 (May 08), USD/JPY will
be climbing more upward.
Nikita FX (climbingfx.jugem.jp/ )
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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.