USDJPY 1hour Analysis December 22nd, 2020
Price is forming a small H&S pattern on the 1hour timeframe. We are looking for price to break through the neckline/support zone and then come back to retest 103.300 as resistance. Enter on bearish engulfing/variations.
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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.