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USDJPY 2M FT - Reverse Head & Shoulder
U.S. Dollar / Japanese Yen
USDJPY 2M FT - Reverse Head & Shoulder
By PositronXY
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Apr 1
4
Apr 1
Looking at USDJPY on monthly timeframe, I noticed a large reverse head & shoulder pattern which is a bullish pattern.
UJ needs to come back to retest the neck line and provide some bullish candles in order for us to go for a long.
First: UJ must crashed to neck line = Short opportunity
Second: Once UJ retest neck line and gives bullish confirmation = Long opportunity.
kind regards
Chart Patterns
Trend Analysis
PositronXY
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