USDJPY is approaching a horizontal daily supply area.
To short the market with a confirmation, watch a head & shoulders pattern on 4H. 135.95 - 136.35 is its horizontal neckline. Wait for its bearish breakout - 4h candle close below, then, sell aggressively or on a retest.
Target will be 134.28
If the price sets a new high, the setup will be invalid.
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