Fx_Trader_ViSa

USDJPY Head & Shoulder Pattern Formation For Short Trade.

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
USDJPY is Trending in consolidation to upside in uncertain event/news/condition. it is forming head and shoulder pattern as shown in chart. According to chart pattern analysis, we might see downside in USDJPY from Current levels . One can initiate the short trade with risk management and stop loss .

Thank You
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.