fabriciotrades

USD/JPY DOUBLE TOP STRONG SELL

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
Head and Shoulders on the 4HR on UJ. With DXY tanking and the dollar reacting accordingly I see this going all the way down to the Head area. It keeps breaking previous lows and every pump fails to break highs. Let me know what you guys think about this and if it will fall for a long time or is it time to watch out for a reversal.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.