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USDJPY Analysis
U.S. Dollar / Japanese Yen
USDJPY Analysis
By MihaiBot
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Updated
Jan 20, 2017
6
Cheer
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Jan 20, 2017
At a short time(1h), I see a potential bullish flag and a potential Bearish H&S Pattern.
Scenario 1:
If the upperline is braked & the 50% fibbonaci support, a potential bullish usdjpy to 118.00
Scenario 2:
If the lowerline is braked, most likely a bearish usdjpy with a target 1 of 113.50 and a target 2 of 112.00
Jan 20, 2017
Trade active
Shorting with a sl of 115.35.
Bearish Patterns
Bullish Patterns
FLAG
Head and Shoulders
jpy
USD
USDJPY
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