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TheBlackTravelForge

HEAD AND SHOULDERS Consolidation?

U.S. Dollar / Japanese Yen (OANDA:USDJPY)  
TheBlackTravelForge  
OANDA:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Chart Patterns USDJPY usdjpyshort usdjpyanalysis usdjpydaily
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trendanalysis chartpattern usdjpy usdjpyshort usdjpyanalysis usdjpydaily
Well, looks like the Bulls have had their fun. Time for the Bears to come out and play. If you read my previous post, I said that it couldn’t remain up there for so long. Peaked at 119.126, and slowly coming down. Completion of the Head and Shoulders coming up? I feel a pullback to at least 117.736 then a retest at 118.325, then strap in for the wave down back to hopefully 114.500.

DISCLAIMER: Not professional advice. Just an idea.

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