TechknowLobster

Looking for shorts on UJ

OANDA:USDJPY   U.S. Dollar / Japanese Yen
Im getting some possible signals for sell here and this is one of the possibilities I am looking at outside of the corrective channel it seems to be making a possible head and shoulders (as always never trade and HNS before confirmation) but I will be watching that 147 area quite closely if it keeps shaping up.
Comment:
This would be the area we would look for a right shoulder to form if it was going to happen. Much higher will invalidate this scenario

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