USDJPY ANALYSIS AND STRATEGY
Looking closely on the USDJPY, it's structure is a quite interesting one.. #A HEAD and SHOULDERS pattern found on a Higher Timeframe. Presently it's just started the move to the downside possibly creating the right shoulder. If you missed the entry to the downside to the neckline then no worries.. at the neckline we'll be looking for the buying opportunities in completion to the H&S formation and with a good Risk to Reward Ratio.
Remember.... #Trading itself is Risky and for you to be on it on the long run, you have to apply Proper Risk Management and always trade at least a three(3) Risk to Reward Ratio Trade set-ups....
If you do like this Analysis do like👍 and comment below👇 because it help supports in creation of more stuffs like this.
Remember.... #Trading itself is Risky and for you to be on it on the long run, you have to apply Proper Risk Management and always trade at least a three(3) Risk to Reward Ratio Trade set-ups....
If you do like this Analysis do like👍 and comment below👇 because it help supports in creation of more stuffs like this.
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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.