AMTrader

USD/JPY Possible Bullish Head and Shoulders Pattern

Long
FX:USDJPY   U.S. Dollar / Japanese Yen
Possible bullish H&S pattern. If price above 112.200 and eventually closes above 112.717 target 113.50/5.

As this pattern is still in the making I cannot yet recommend
adequate entry points or stop loss levels. Just keep an eye on price at the above mentioned levels before going long.

Happy trading
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