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UnknownUnicorn2215917

USDJPY INVERTED H&S POTENTIAL?

Short
U.S. Dollar / Japanese Yen (FX:USDJPY)  
UnknownUnicorn2215917 Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Chart Patterns Technical Indicators USDJPY usdjpyshort Forex learning learningtotrade Double Top
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trendanalysis chartpattern indicator usdjpy usdjpyshort forex learning learningtotrade doubletop
(This is an idea) after playing around.
-The current market sentiment is in a downtrend.
-Price has already made a Left shoulder & a Head for this structure.
-4H chart; Price holds at green zone resistance, so a potential ADAM/ADAM DOUBLE TOP:
snapshot
-Price is below the 200 EMA.
-15minute chart: Harmonic pattern formation:
snapshot
Comment:
See the wedge:
snapshot
Comment:
See the triangle:
snapshot
Comment:
Of course, the right shoulder can be smaller and usdjpy can break neckline to go higher. However, I believe its early due to the expanding wedge formation.
Comment:
Price has moved significantly higher, could be on the rise.
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