USD/JPY: Shoulder Head Shoulder

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In this update, I definitely closed up the short and keep away from this trade as we don't see any bearish signal, of course, we see a possible formation of Shoulder Head Shoulder and maybe, we would to hope that price action develop and make this break out to buy in the pull back following the blue arrow model. By the contrary, will be bearish following the red arrow model.

But, you will need to hope the next formation up.

Good luck!!!

Penafian

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