GeorgeMendez

USDJPY Potential Buy Setup

Long
OANDA:USDJPY   U.S. Dollar / Japanese Yen
It is now officially a Head&Shoulder pattern with a double bottom as the head.

Looking for an entry on the neckline (Support Line) of the Head&Shoulder @ the 38.2%/50.0% Retracement Levels. It is also on a nice trendline, will it respect it?

I'm confident it will. Will be keeping my eye on it.
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