Price is forming a head and shoulders pattern. Resistance level for the right shoulder has been respected indicating a possible bearish move to the 1.69250 support level.
Price broke through trendline, it is finishing retracing, just waiting for a candle formation to enter a short.
On the daily chart price broke support and is now finishing retracing testing previous broken support as resistance, for a potential short.
Trendline retracement, possible short.
Potential sell idea.
USDJPY short
Sell idea based on reversal trendlines.
