Looking at USDJPY on monthly timeframe, I noticed a large reverse head & shoulder pattern which is a bullish pattern.
UJ needs to come back to retest the neck line and provide some bullish candles in order for us to go for a long.
First: UJ must crashed to neck line = Short opportunity
Second: Once UJ retest neck line and gives bullish confirmation = Long opportunity.
kind regards
UJ needs to come back to retest the neck line and provide some bullish candles in order for us to go for a long.
First: UJ must crashed to neck line = Short opportunity
Second: Once UJ retest neck line and gives bullish confirmation = Long opportunity.
kind regards