USDJPY: Your Trading Plan 🇺🇸🇯🇵

9 בדצמ׳ 2022

USDJPY is approaching a horizontal daily supply area.

To short the market with a confirmation, watch a head & shoulders pattern on 4H.
135.95 - 136.35 is its horizontal neckline.
Wait for its bearish breakout - 4h candle close below,
then, sell aggressively or on a retest.

Target will be 134.28

If the price sets a new high, the setup will be invalid.

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