USD/JPY Daily Video, June 21, 2017

[Sive Morten]

Good morning,

Yen is coming to very important moment that could provide good chances for trading. Thus, let's update what we have right now there:



The technical portion of Sive's analysis owes a great deal to Joe DiNapoli's methods, and uses a number of Joe's proprietary indicators. Please note that Sive's analysis is his own view of the market and is not endorsed by Joe DiNapoli or any related companies.

 

[verbazo]

Hello!

Please, would anyone agree to comment my understanding of this picture.

Can we handle this USDJPY 1H pattern as H&S failure.

 

[Sive Morten]

Hello!

Please, would anyone agree to comment my understanding of this picture.

Can we handle this USDJPY 1H pattern as H&S failure.

Hi, I wouldn't call it as H&S. Poor harmony.