TokieTV

USDJPY Possible Inverted H&S

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
USDJPY currently remains on a swing trade but is showing signs of a formation of a right shoulder for an inverted H&S. We can expect a consolidation down to 112 levels but should this break, then the formation of said structure is inevitable.

P.S. This is for educational purposes only.
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