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USDJPY setup Analysis

USA-dollar/Japansk yen (FX:USDJPY)  
Skyboxpips  
FX:USDJPY   USA-dollar/Japansk yen
Trend Analysis Chart Patterns Head and Shoulders Forex forexsignals forextrading stocktrading forexsignalservice analysis setup USDJPY forexsingals
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trendanalysis chartpattern headandshoulders forex forexsignals forextrading stocktrading forexsignalservice analysis setup usdjpy forexsingals
Hello Traders,

We see a bullish head and shoulders in formation.

Scenario 1: We would like to see price give bullish price action and confirmation to enter buys (Longs)

Scenario 2: We would see the possibility of sell pressure continuing, Therefore, invalidating the head and shoulder formation and reaching lows.

Have a good week of trading!!
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