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gorkemaydogan

USDJPY Head & Shoulders Formation

Short
U.S. Dollar / Japanese Yen (OANDA:USDJPY)  
gorkemaydogan  
OANDA:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Head and Shoulders Fundamental Analysis USDJPY usdjpyshort bankofjapan interestrates decisiontime HEAD shoulders
4
1
trendanalysis headandshoulders fundamental usdjpy usdjpyshort bankofjapan interestrates decisiontime head shoulders
Hello Traders,

USDJPY ready to retrace back for creating an opportunity to seek new highs before Bank of Japan's interest rate decision.

4H chart formed a H&S pattern and the target is 112-112.30 area.

I am going to watch the triangle trendline to be broken down and open my position regarding to that.

Trade safe and stay safe!

Likes and comments are highly appreciated!


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