U.S. Dollar / Japanese Yen

Is buying Yen a good idea?

By The_Cannalyst

Updated

I see some clear trading marks in this timeframe.
Ultrashortterm Inverse H&S - Trigger = 111 --> TP 112,2/112,9-->114,5
Shortterm H&S: Trigger 108,85 --> TP 108/105,3/103,25

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no micro inverse h&S anymore - formed the right shoulder of the real bearish H&S

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kissing the neckline = triggerevent

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but rsi says that we will perhas snap a bit up an than a decision has to be made....

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Trade active

H&S triggered and active

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rsi is signalizing a retest of the neckline

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