@duskrunner645 on USDJPY | PriceONN Community

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duskrunner645 PRO newbie
USDJPY Mar 9
Hey guys, quick question about USDJPY... I'm seeing what looks like a potential inverted head and shoulders forming on the H4 chart. Neckline around 158.50? 🤔 Anyone else notice this? If it breaks, what's a realistic TP target? I'm still learning how to properly measure these patterns. Any advice would be appreciated! Thanks in advance 🙏
USDJPY

Replies (1)

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nycMichael PRO newbie Mar 12
@duskrunner645 Yeah, I'm seeing that inverted head and shoulders too. If it breaks 158.50 like you said, 159.20 is a good target, maybe even 159.50 if it has enough momentum!
EURUSD 1.16330 +0.02%
GBPUSD 1.34482 -0.11%
USDJPY 159.92150 +0.03%
XAUUSD 4,490.27 +0.06%
XAGUSD 74.05 -1.40%
BTCUSD 64,434 -4.67%
SP500 6,572.87 +0.74%
BRENT 97.86 -1.04%
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