'Market and Human' Psychology perspectives with tips on how to avoid common mistakes by 
Hi folks.
Sorry I was a little under the weather after my long flight home and off for a few days.
Here is a beutiful looking head and shoulders pattern on the USD/JPY.
As you can see we have already broken the bust-line. I find it quite interesting how many annalists have different opinions on what the technical target is once the line is broken. Here’s the simple truth.
The amount of downside on this pattern varies tremendously and that is because one never knows if this is just a correction on the way higher or if this indeed is a longer term top.
I will follow this one over the next few weeks to see where we land.
