USDJPY will go UP by Inverse Head and Shoulders Pattern๐Ÿš€

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USDJPY is moving on ๐ŸŸขsupport zone(139.10 JPY-137.60JPY)๐ŸŸข.

Also, USDJPY has managed to form an Inverse Head and Shoulders Pattern in the support zone.

I expect USDJPY to start growing after completing the pullback to the neckline and at least touch the ๐ŸŽฏtarget๐ŸŽฏ of the Inverse Head and Shoulders Pattern.

๐Ÿ“šSince the Regular Divergence(RD+) between the right and left shoulders is clearly visible, this point adds to the validity of the Inverse Head and Shoulders Pattern.

๐Ÿ“šAnother sign that increases the validity of the Inverse Head and Shoulders Pattern is that the momentum of USDJPY approaching the neckline is greater on the right shoulder than on the left shoulder.

๐Ÿ”…U.S.Dollar/Japanese Yen Analyze ( USDJPY ), 4-hour time frameโฐ.

Do not forget to put Stop loss for your positions (For every position you want to open).

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USDJPY was able to break the neckline.
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FibonacciForexforexanalysisforexsignalforexsignalsforextraderforextradingHead and ShouldersjapaneseyenJPYUSDSupport and ResistanceUSDJPY

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