USDJPY REVERSAL

21 Eyl 2019

Sellers are showing importance to its descending trend line, i'm interest in seeing a reversal happening around the 38% or 61.8% which would also be a Head and Shoulder Pattern forming. An engulfing candle at a key retracement level would be great entry or to wait for the breakout of the pattern and speculate candlesticks at the pull back.