USD/JPY- Potential Reversal

FX:USDJPY   US-Dollar / Japanischer Yen
First thing I'm going to be looking at come next week. Will we be confirming a head and shoulders reversal pattern after yesterdays rejection of a strong daily resistance? There is a resistance zone from about 112.425- 112.625 which looks like it will be tested based on the most recent 4hr candle closes. Awaiting P.A in this zone to confirm rejection or continuation of the current uptrend which has not yet been broken so wait for confirms.
Next week is also NFP week and there is a few bank holidays including the 4th of July for USD so volume could be thin during the start of the week and then set up the market in the latter half for NFP results.
Kommentar: H&S sell setup I was leaning on never materialized as USD shot up like a rocket during the first day of the weeks trading. It has now broke out and made new highs. Its important to be prepared for all possible scenarios as the trend was still bullish.
DE Deutsch
EN English
EN English (UK)
EN English (IN)
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Startseite Aktien-Screener Devisen Signal-Finder Kryptowährung Signal-Finder Wirtschaftskalender So funktioniert es! Chartmerkmale Hausregeln Moderatoren Webseite & Brokerlösungen Widgets Stock Charting Bibliothek Feature-Anfrage Blog & Nachrichten FAQ - Häufige Fragen & Antworten Hilfe & Wiki Twitter
Profil Profileinstellungen Konto und Abrechnung Meine Support Tickets Support kontaktieren Veröffentlichte Ideen Followers Ich folge Private Nachrichten Chat Abmelden