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jasperlawler

USDJPY setting up for Head and Shoulders break

Short
Euro / British Pound (FX:EURGBP)  
jasperlawler Updated   
FX:EURGBP   Euro / British Pound
Trend Analysis Chart Patterns Head and Shoulders USDJPY usdjpyshort dollaryen
2
0
trendanalysis chartpattern headandshoulders usdjpy usdjpyshort dollaryen
The dollar yen looks to have formed a H&S pattern from top of recent range

Scenario A) Neckline is broken and targets 107, bottom of the LT range
Scenario B) Neckline holds / false break
Comment:
Ooops - going mad - meant EURGBP !!
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