USDJPY 4 hour setup:
- 4 hour head and shoulders reversal pattern
- Inner trend line break and retest
- Willis zone Fibonacci retracement
- Extension targets line up with previous support levels
- Daily ascending trend line is also an extra confluence with targets as price looks for a possible third touch of trend line
Entry on break and retest of outer 4 hour trend line
- 4 hour head and shoulders reversal pattern
- Inner trend line break and retest
- Willis zone Fibonacci retracement
- Extension targets line up with previous support levels
- Daily ascending trend line is also an extra confluence with targets as price looks for a possible third touch of trend line
Entry on break and retest of outer 4 hour trend line