vivek_samale

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

Comments

nice chart! thanks for sharing! 🚀🦐
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vivek_samale plancton0618
@plancton0618, thanks mate. but sometimes we do reverse the position as it happen in above case.
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Good work
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vivek_samale Robat-prince
@Robat-prince, thanks mate.
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view / opinions are welcome to discuss..!
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