JanKoristka

USDJPY Short Opportunity

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
Price rejected our trendline and is forming nice Head & Shoulders pattern. I expect price to go down because JPY is much stronger than USD (source: Currency strength meter). From a higher timeframes we can see bearish potential as well. Wait for a retest and then we have nice short opportunity with good RRR .

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