Inverse Head and Shoulders Spotted on USDJPY Daily
I'm not even sure if this is valid but the way I see it, this is a potential Inverted Head and Shoulders pattern spotted on USDJPY daily chart.
Wait for break and retest of the neckline first before entering LONG on this trade. If the setup is valid, this will bring back USDJPY to 118 level.
Please trade with caution.
Wait for break and retest of the neckline first before entering LONG on this trade. If the setup is valid, this will bring back USDJPY to 118 level.
Please trade with caution.
Note
Entered this trade with LONG order at 111.900
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