USDJPY will go UP by Inverse Head and Shoulders Pattern🚀

2023年7月17日

USDJPY is moving on 🟢support zone(139.10 JPY-137.60JPY)🟢.

Also, USDJPY has managed to form an Inverse Head and Shoulders Pattern in the support zone.

I expect USDJPY to start growing after completing the pullback to the neckline and at least touch the 🎯target🎯 of the Inverse Head and Shoulders Pattern.

📚Since the Regular Divergence(RD+) between the right and left shoulders is clearly visible, this point adds to the validity of the Inverse Head and Shoulders Pattern.

📚Another sign that increases the validity of the Inverse Head and Shoulders Pattern is that the momentum of USDJPY approaching the neckline is greater on the right shoulder than on the left shoulder.

🔅U.S.Dollar/Japanese Yen Analyze ( USDJPY ), 4-hour time frame⏰.

Do not forget to put Stop loss for your positions (For every position you want to open).

Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.

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2023年7月18日

交易开始

2023年7月19日

注释

USDJPY was able to break the neckline.

2023年7月21日

交易结束：到达目标