Get started
MariusDroppert

USD /JPN

Short
U.S. Dollar / Japanese Yen (FX:USDJPY)  
MariusDroppert Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Chart Patterns Technical Indicators
4
2
trendanalysis chartpattern indicator
My feeling is a downward trend that will reach 111.725
That will match the fibonacci retracement of 38.2%
Then up again untill 113.214 (23.6% fibonacci retracement)
And then a huge downward trend untill 107.7
Comment:
After reaching 113.214 we have a perfect head and shoulder pattern which wil generate a huge down trend!
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.