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Mamou-Q
Mar 14, 2023 3:07 AM

USDJPY Breakout + retrace DONE!  Long

USD/JPYCurrency.com

Description

Price has in fact broken the symmetrical triangle a while ago, broke it with a wick, which justify price going back inside the triangle again!
I believe that price is ready to go higher, but before that it might shot down with a long wick to grab liquidity lying under the swing low.
Expect price to go back up to complete the inverted head and shoulder pattern.

Target potentially in 99 days, is the highest high around 155,

Comments
parawolf89
Weekly has a head and shoulders. Plus, the US dollar started tanking cuzz of the bank failures. I do see it going up but it’s going down for now. We shall see CPU
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