USDJPY | Head & Shoulders DevelopingUS Dollar vs. Japanese YenFX:USDJPYTHE-10USDJPY is currently forming a potential Head & Shoulders reversal pattern on the 1 HOUR timeframe. At this stage, there is no trade. The neckline has already been BROKEN, and price is now approaching the ascending trendline that has been supporting the recent recovery. What I'm watching: A decisive break and close below the trendline. Follow-through selling pressure. A retest of the broken structure before considering any short opportunity. If buyers defend the trendline and invalidate the pattern, I'll simply wait for the next high-probability setup. I don't trade expectations—I trade confirmation.