USDJPY - Long Idea

2019-11-07 20:26:16

I've been watching this pattern for a few weeks and was in it days ago..getting out on news driven events. Well, I may get into this Inverse Head & Shoulders pattern.
I have projected the "depth" of the head from the neckline, upward. it's a 1.7:1RR for me, I see USD weakness over the coming weeks but this is a hedge to the upside.
1% Risk, -Happy Trading!