USDJPY (H&S reversal)
107.579 is a key support level for the pair as the second shoulder of the head and shoulders pattern could form at this level.
Due to the H&S pattern, T1 trendline and the PL level, the pair presents a bullish bias.
In conclusion,Trade set-up,
Entry 1 : 107.579
S/L 1: 107.457
TP 1: 107.983
Entry 2: 107.457
S/L 2: 107.457
TP 1: 108.383
107.579 is a key support level for the pair as the second shoulder of the head and shoulders pattern could form at this level.
Due to the H&S pattern, T1 trendline and the PL level, the pair presents a bullish bias.
In conclusion,Trade set-up,
Entry 1 : 107.579
S/L 1: 107.457
TP 1: 107.983
Entry 2: 107.457
S/L 2: 107.457
TP 1: 108.383
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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.
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.