Look for a BUY opportunity when the inverted head and shoulder pattern is almost complete.
Before entering a position, always perform your own analysis
Dear trader, Look at my analysis; Trend is down, the decision is yours.
Dear trader, Look at my analysis; Trend is down, the decision is yours.
Hey traders, check out this analysis for the USD/JPY. Please press "like" and "follow" if you like my analysis. Good day.
Dear trader, Look at my analysis; the decision is yours.
Head and shoulder pattern First TP : 1.20175 Second TP : 1.18823
Bullish on the pair Refine the idea as per your strategy Manage risk responsibly.
If it break support level of 1.01110 then it turns to bearish & you can take a short with TP : 0.98463
If break the support and retest then take sell SL: 140.349 TP : 134.068 All the best
The internal structure is down . First it will retest the supply zone (order block ) after price action it goes down till 151.255. Thankyou.