vj20_fx

HEAD AND SHOULDERS MAY FORM

Long
FX:EURJPY   Euro / Japanese Yen
The movement made so far, I called 3 days ago which was the strong bearish movement retracing of the .618 resistance. I believe it will bounce of 0.5 fib support to form a head and shoulders pattern eventually creating a bullish movement till daily resistance. I am now waiting to go long.