USDJPY: Head and Shoulders Pattern

The USD/JPY is nearing the end of its uptrend within the ascending channel, unable to make any new highs and showing signs of divergence on momentum indicators. It appears that a head and shoulders pattern is forming, waiting for the final shoulder to complete before attempting to break the neckline at 135.5 and potentially experiencing a bearish move towards 134 or even 133.5.

-------------------------------------------------------------------------
Let me know your thoughts in the comments, and show your support by liking the idea.
Please follow if you're interested in more ideas like this.
Your support is greatly appreciated!