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Euro / British Pound
Short
Updated

USDJPY setting up for Head and Shoulders break

116
The dollar yen looks to have formed a H&S pattern from top of recent range

Scenario A) Neckline is broken and targets 107, bottom of the LT range
Scenario B) Neckline holds / false break
Note
Ooops - going mad - meant EURGBP !!
jasperlawler
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Chart PatternsdollaryenHead and ShouldersTrend AnalysisUSDJPYusdjpyshort

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Chart PatternsdollaryenHead and ShouldersTrend AnalysisUSDJPYusdjpyshort
jasperlawler
Signup to my newsletter:
tradingwriters.substack.com/

Market Analyst for:

WeTrade
wetradebroker.com/education/analysis/jasper/

SpreadEx
spreadex.com/financials
Also on:

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.