USDJPY Reversal Price Action From The Top

Hello traders:

Few of the JPY pairs I was originally looking at had some bullish development few days ago,
but in the last day or so have develop more into some reversal bearish price action.

Here on USDJPY, we can see price has formed into a nice Head and Shoulder
Pattern at the top of the current price action.

A previous swing high, double top as well to add to a bearish bias confluence.

Now that we can see a strong bearish reversal impulse down, follow by continuation correction,
be on the look out for lower time frame correction to short down to previous lows.

Thank you

تعليق:

HTF -