USD/JPY IH&S neckline False breakout ? (Nikita FX)
I think this Yellow channel might show us a right ascending type IH&S.
IH&S LS: 87.088 (09.01/19w)
IH&S RS: 93.776 (13.06/10w)
neckline: parallel connecting line between 101.430(09.04/06w) & 109.73(14.09.29w)
If the neckline will be broken, IH&S target will be at 139.73. However if not it will
plunge down to the Yellow channel bottom at most.
Nikita FX (climbingfx.jugem.jp/)
IH&S LS: 87.088 (09.01/19w)
IH&S RS: 93.776 (13.06/10w)
neckline: parallel connecting line between 101.430(09.04/06w) & 109.73(14.09.29w)
If the neckline will be broken, IH&S target will be at 139.73. However if not it will
plunge down to the Yellow channel bottom at most.
Nikita FX (climbingfx.jugem.jp/)