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USDJPY ON M30 TIME FRAME
U.S. Dollar / Japanese Yen
Short
USDJPY ON M30 TIME FRAME
By NJONGO_1
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Sep 3, 2018
2
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Sep 3, 2018
Good morning Traders
this morning we witnessed a bearish break after the head and shoulders formation completed.
the market retraced at 110.850 which is also at 0.382 on the Fibonacci retracement tool.
a double top formation has formed at 110.040
could we witness a downtrend trendline test at 111.093 which is 50% on the Fibonacci or break to 110.000?
Chart Patterns
Trend Analysis
NJONGO_1
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