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FTE1995
Nov 14, 2018 11:19 AM

USD/JPY - H + S pattern still in play, which way will it go?... Short

FX:USDJPY60
U.S. Dollar/Japanese YenFXCM

Description

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- USD/JPY is still within a possible H + S Bearish pattern
- Looking towards the shoulder neckline today to see if price will invalidate the pattern
- Weak JPY economic data yesterday
- Still would need to see a break of the neckline to confirm further bearish action

THIS IS NOT TRADE ADVICE NOR A TRADE CALL

Comment

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- H + S neckline breached
- look for a possible retest of neckline before further bearish action
Trend AnalysisChart PatternsHarmonic Patterns
Comments
MaikiaFX
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yesterday and today UJ no move
FTE1995
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@storeadiva, H + S still hasnt been broken either way, got USD economic news coming today/tomorrow. Might help decide direction
MaikiaFX
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@JamesEvison, yes, i hope it move soon , i was trade sell on H&S (-;
thank your share
FTE1995
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@storeadiva, No problem, thanks for commenting. Good luck! :)
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