USDJPY Bullish - H&S Set Up
-On the 4H chart the pair has produced its first bullish wave and temporary retracement can be expected Ph or alternatively R2 resistance line.
- As illustrated, the pair could be due to forming the last shoulder of the H&S reversal pattern, before the bullish trend is confirmed.
NB: Risk management should be applied to all trades.
- As illustrated, the pair could be due to forming the last shoulder of the H&S reversal pattern, before the bullish trend is confirmed.
NB: Risk management should be applied to all trades.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.