USDJPY is currently forming a potential Head & Shoulders reversal pattern on the 1 HOUR timeframe.
At this stage, there is no trade.
The neckline has already been BROKEN, and price is now approaching the ascending trendline that has been supporting the recent recovery.
What I'm watching:
A decisive break and close below the trendline.
Follow-through selling pressure.
A retest of the broken structure before considering any short opportunity.
If buyers defend the trendline and invalidate the pattern, I'll simply wait for the next high-probability setup.
I don't trade expectations—I trade confirmation.
At this stage, there is no trade.
The neckline has already been BROKEN, and price is now approaching the ascending trendline that has been supporting the recent recovery.
What I'm watching:
A decisive break and close below the trendline.
Follow-through selling pressure.
A retest of the broken structure before considering any short opportunity.
If buyers defend the trendline and invalidate the pattern, I'll simply wait for the next high-probability setup.
I don't trade expectations—I trade confirmation.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.