We executive sell setup of USD/JPY sell around 145k with target around 141k
The chart shows a clear Head and Shoulders pattern forming on the 2-hour timeframe for USD/JPY. This is a classic bearish reversal setup. Price has broken below the neckline, confirming the pattern. The projected target based on the pattern's height is around the 141.950–141.938 zone. Current price action suggests a minor retest of the neckline before a continuation to the downside. Momentum also appears to be shifting bearish.
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The chart shows a clear Head and Shoulders pattern forming on the 2-hour timeframe for USD/JPY. This is a classic bearish reversal setup. Price has broken below the neckline, confirming the pattern. The projected target based on the pattern's height is around the 141.950–141.938 zone. Current price action suggests a minor retest of the neckline before a continuation to the downside. Momentum also appears to be shifting bearish.
are you liked our analysis?
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🟡 TELEGRAM CHANNEL:
Free Signals With Technical Chart:
t.me/+JLFlD0eg3LFjNjU8
📞TELEGRAM ME
@t.me/daniel9145
Free Signals With Technical Chart:
t.me/+JLFlD0eg3LFjNjU8
📞TELEGRAM ME
@t.me/daniel9145
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.