Search
Products
Community
Markets
News
Brokers
More
EN
Get started
Community
/
Ideas
/
USDJPY Bullish - H&S Set Up
U.S. Dollar / Japanese Yen
Long
USDJPY Bullish - H&S Set Up
By Tlokzino
Follow
Follow
Jul 1, 2019
1
Cheer
Cheer
Jul 1, 2019
-On the 4H chart the pair has produced its first bullish wave and temporary retracement can be expected
Ph
or alternatively
R2
resistance line.
- As illustrated, the pair could be due to forming the last shoulder of the H&S reversal pattern, before the bullish trend is confirmed.
NB: Risk management should be applied to all trades.
Chart Patterns
Trend Analysis
Wave Analysis
Tlokzino
Follow
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
.