Lawrenced3

Head and Shoulders in the Making?

Lawrenced3 Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
Currently seeing a head and shoulders forming on 1hr chart. on the daily chart it looks like it wicked to my support zone also so I would expect a push high to complete the head and shoulders . I will be looking for the perfect sell entry on the 30 and 15 min chart after the stop hunt. I believe the daily candle will stay bullish being that price has moved to a support area at 110.96 could be forming bullish trendline to start the month of September.
Trade closed: target reached
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