morning analysis. trade idea USD/JPY

OANDA:USDJPY   U.S. Dollar / Japanese Yen
Short idea.
2 Resistance lines approach.
Looks like it's forming a head and shoulders . Yet to confirm.
RSI looking like it's going to make Lowe Highs (LH).
Waiting on 2 speeches that could confirm or defer this idea.
If candle closes below previous low and RSI hits the red line. Short idea confirmed.
Risk reward ratio 3/1.
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out