justatrader

Watching USDJPY. Bull flag or an inverted H&S

FX:USDJPY   U.S. Dollar/Japanese Yen
479 2 6
Price could go either way, but long positions from 117.58/.6 levels could see the inverted H&S pattern being formed. Trade would be invalidated if price rallies above the trend line at 118.913.
BULLISH
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It has seems like the FED doesn't impact much. Direction should be up then
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