1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

USD/JPY Forms Inverted Head & Shoulders

Discussion in 'Technical Analysis' started by ActionForex.com, Oct 19, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
    Likes Received:
    The USD/JPY has just completed an inverted Head & Shoulders pattern on the daily chart. Unlike its cousin, the Head & Shoulders, this pattern indicates a bullish signal for the pair. With this pattern a forex trader would typically look to enter after a strong breach of the neckline around...

    complete article here...

Share This Page