reobillionaire

FORMING A head and shoulder.SHORT IT!

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
SO we have saw the BIGGEST rebound in history,and right now its back in pennant in weekly chart.
BUT we should also look at the H&S forming up just below the FIBONACCI line which is QUITE important.

So when the market opens we should see how it actually forms the H&S and if it forms clearly,we should SHORT this.

And if the head and shoulder have been denied,It will just be a range price actions within the pennant so there is no need for SWINGERS to entry...
Have a great week ahead!!!

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