USDJPY forms the figure Head and Shoulders. Currently, the price draws the right shoulder. In order to have a confirmed entry, we need to see a break of 105.10.
Don't confuse a test with a break! Break means closing below this level!
In most cases, we see a test of the level we expected to be broken. This is the best moment of entry.
Then we can expect the price to reach 104.15!
To support us, like and comment!
Don't confuse a test with a break! Break means closing below this level!
In most cases, we see a test of the level we expected to be broken. This is the best moment of entry.
Then we can expect the price to reach 104.15!
To support us, like and comment!
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✅ JOIN FREE TELEGRAM: t.me/trendlinefreetrade
❓ If you got questions: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
❓ If you got questions: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
Related publications
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.