eightpac

USDJPY ABCD pattern completion

FX:USDJPY   U.S. Dollar / Japanese Yen
We've broken the head and shoulders pattern that Ive been eyeing on the daily chart , a close below that level today would be a nice sign of confirmation. However, on the hourly chart we have an ABCD pattern completed at a 1.618 ext, so there may be a short term bullish move (or massive rally, not sure). I don't try an predict market moves, I simply make a plan for when and if something happens and I react. Any other ideas on this pair?
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