Reinhardt251

USDJPY - Short H4

Kort
FX:USDJPY   USA-dollar/Japansk yen
Weekly Resistance Level Being Tested
After a Perfect Inverted Head & Shoulders Pattern.
Expect USDJPY To Turn Bearish (Short) After Weekly
Resistance Completed Test.


If we do find our self in the position where USDJPY make a U-Turn on TP1,
consider the trade to become bullish (Long), as it will be a perfect 61.8 Fib Test.

Remember to watch out for the candlesticks, they can tell us a lot about reversals.
(This trade Analysis is for myself only to get your insight from other traders like me.)
Happy Trading
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