On weekly chart of USDJPY I can see the price is moving up through ascending channel, which is possible that it is forming the right shoulder of Head and Shoulder Pattern. I am watching it closely for potential trade to go lower if it bounced from the ascending channel and formed a key reversal indicating that the price will go short.
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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.