Dollar A.S. / Yen JepangPenjualan
USDJPY Short 1:3
At first, I noticed the symmetrical triangle pattern but there was no clear indication of a breakout in a particular direction.
Zoomed out and identified a head and shoulders pattern and this normally indicated a reversal to the downside.
Hence, I have decided to short this pair all the way down to the previous resistance level of 105.6
Zoomed out and identified a head and shoulders pattern and this normally indicated a reversal to the downside.
Hence, I have decided to short this pair all the way down to the previous resistance level of 105.6
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