USDJPY - Trade Plan
Daily -
Candle made swing high, sellers took control in US session
4HR -
Price is moving inside bearish wedge and has completed the pattern with 3 upside touches of structure
1HR
H&S pattern forming, right shoulder not yet complete but looks to be lower high and stronger possibility of downside move.
Trade Plan:
Wait for break of neckline and enter on retest/pullback.
Candle made swing high, sellers took control in US session
4HR -
Price is moving inside bearish wedge and has completed the pattern with 3 upside touches of structure
1HR
H&S pattern forming, right shoulder not yet complete but looks to be lower high and stronger possibility of downside move.
Trade Plan:
Wait for break of neckline and enter on retest/pullback.
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.