USDJPY REVERSAL

Sellers are showing importance to its descending trend line, i'm interest in seeing a reversal happening around the 38% or 61.8% which would also be a Head and Shoulder Pattern forming. An engulfing candle at a key retracement level would be great entry or to wait for the breakout of the pattern and speculate candlesticks at the pull back.
breakoutChart PatternsFibonacciforextradingHead and ShouldersTechnical IndicatorsLONGreversalTrend AnalysisUSDJPY

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