NoPumpFakesFx

USDJPY, Bears Incoming Update

Short
SAXO:USDJPY   U.S. Dollar / Japanese Yen
Hello everyone,

This publication is an update on my previous post of my analysis on UJ. The idea is still the same, however, I see a potential Head and Shoulders formation in the making. This could be a potential low risk trade that could be entered during London Session if the stars align. NFP week is upon us, so I urge everyone to keep an eye out on the news to get a forecast on what is to come. I am open to all feedback on my analysis, please feel free to let me know anything I could improve on. If anyone who views this and has a similar set up or agrees with this ideology, please leave a like and comment.
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