Ramokaelo

What I see coming...

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
What I see coming up is sells.
This is due to the market being at the highest high on weekly and daliy time frames.
And going down to the lower time frames(4hour and 1 hour)
On 4 hour: I can clearly see the head and shoulders pattern being formed right there and entry will be at the third touch as a high probability sell.
On 1 hour: my entry confirmation will come from a breakout . Looking at the third touch zone from the higher time frame(4 hour), i see that the market is creating ascending pattern and i know what that means. at the breakout of that ascending structure will be my confirmation that the market has commited to the direction(sells)

Use proper risk management
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