USDJPY: POTENTIAL DOWNSIDE (H&S WITHIN TRIANGLE
Trendline resistance broken to form head of H&S pattern
inside the triangle.
Trend now down USDJPY.
+ Strong bearish candle.
conservative entry: 112.696
Aggressive entry: 112.802
target : monthly resistance (112.158)
IGNORE PREVIOUS SETUP. market did not maintain my condition for an upward breakout on previous analysis.
inside the triangle.
Trend now down USDJPY.
+ Strong bearish candle.
conservative entry: 112.696
Aggressive entry: 112.802
target : monthly resistance (112.158)
IGNORE PREVIOUS SETUP. market did not maintain my condition for an upward breakout on previous analysis.
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Related publications
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.