Chartist-Trading

USDJPY: Right shoulder is in the making

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
Usdjpy is forming an H&S pattern. We believe that the right shoulder is in the making. We are sellers at current levels adding more at 113.60. Initial target the neckline. After the initial target is met we will close half position, move stop at BE and go for the break.
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