RNiles

RNiles

This trading plan focuses on a bearish breakout scenario, where the price clears the support range between 1.03560 and 1.03463, signaling a continuation downward to complete the Head and Shoulders pattern. 1. Market Context: Current Pattern: The chart suggests the formation of a Head and Shoulders pattern, indicating a potential bearish reversal. Key...

RNiles

This trading plan focuses on a bullish breakout scenario, where the price clears the resistance range between 156.275 and 156.608 and targets the completion of the Head and Shoulders pattern. Trading Plan: Bullish Breakout for USD/JPY This trading plan focuses on a bullish breakout scenario, where the price clears the resistance range between 156.275 and 156.608...