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Samuel124
Mar 2, 2023 8:24 AM

USDJPY: SELL Short

US Dollar vs Japanese YenPepperstone

Description

Based on my analysis, I anticipate that USDJPY will exhibit a downward trend from the current resistance zone, which ranges from 136.93 to 136.77, towards the established support zone that lies between 136.00 and 135.77. This anticipated trend is expected to yield a classic inverse head and shoulders pattern, with a subsequent bullish move in the direction of the trend.

Comment

All targets hit
Comments
Samuel124
Hello guys, this setup played out so well. Took two positions.
JoeChampion
Well done buddy, you resumed it all!
Samuel124
@JoeChampion, thank you, mate.
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