Skyboxpips

USDJPY setup Analysis

FX:USDJPY   美元 / 日圓
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.

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