mytw0cents

USDJPY TRADE IDEA

Short
mytw0cents Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
Hi all

after a long rally im look for a correction to wave A

I see a short-term chance to long the yen if it breaks out on the daily chart.

Let me know what you think In the comments!

**My trading strategy is not intended to be a signal. It's a process of learning about market structure and sharpening my trading skills**

Thanks a lot for your support
Comment:

The two necks have already cracked in H4, however they are being held back by level 146.560 of resistance. As a result, either price makes a correction at the right shoulder to complete the H&S pattern or price shoots straight up and breaks over the barrier.
Comment:

good luck
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