samurai110
Short

USD/JPY More downside to come

FX:USDJPY   U.S. Dollar/Japanese Yen
165 1 3
We are coming into a high probability reversal area on the usd/jpy             as we are in for more downside on this pair. There is a possibility that we might get a pullback past the yellow sell zone, but its up to you if you want to possibly wait for that move higher or sell at the zone. As a said there is much more downside to come on usd/jpy             if the market is going to be complaint to the larger Head & Shoulders Pattern on the Daily.
Again the Risk/Reward is very good, at least 4/1 or more depending on how aggressive or conservative you are.

Target 1 is at the next level of support
Target 2 is at the completion of the large H&S of the Daily
i believe 115.85 or very close was 2015 low. and if a retest of that low is coming, it might be a great sell that takes us to 100.
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