U.S. Dollar / Japanese Yen

Short

USDJPY - Head & Shoulders 2618 opportunity

By Nico.Muselle

We're presented with a Head & Shoulders formation and the right shoulder has double topped, broke through the neckline and formed a .618 retracement to test the highs again. This might be a good time to short if current candle closes below the neckline which aligns nicely with the .618 retracement. RR is definitely worth giving it a try

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