Hello there traders!
As always we provide you with analysis on tradingview.
Currently we are looking at the USD/JPY where we had a nice impuls and corrective move.
Structure tested supply zone and created a reversed H&S .
Bullish pressure pushes the market up and after the retest of the right shoulder we should see USD/JPY take its flight to the moon.
We also have seen the counter-trendline break wich indicates we are bullish .
Last but not least we see the market create H&S and a rejection of the retest.
This means we are satisfied and ready to take the trade.
Have a good week!
As always we provide you with analysis on tradingview.
Currently we are looking at the USD/JPY where we had a nice impuls and corrective move.
Structure tested supply zone and created a reversed H&S .
Bullish pressure pushes the market up and after the retest of the right shoulder we should see USD/JPY take its flight to the moon.
We also have seen the counter-trendline break wich indicates we are bullish .
Last but not least we see the market create H&S and a rejection of the retest.
This means we are satisfied and ready to take the trade.
Have a good week!