EURJPY SHORT 133 / 131.5

FX:EURJPY   Euro / Japanese Yen
83 5 2
Just been given a head up on this one by @PriceActionTrading on a daily chart . The 4hr showing a nice H&S formation at resistance with stops just above to go lower targeting 133. and a further target of 131.5 wk chart support level .
SHORT 133 / 131.5
Possible alternative long set up
It is possible. I have been trading H&S formation for a while, I believe the HnS will be unlikely to realize.
vdubus geraldfx
The more I look at this set up, starting to wish I didn't post it lol Think we'll find out tomorrow maybe.
geraldfx vdubus
Anything can happen in trading!
On the daily EJ is moving on a descending channel with support around 126.00 while testing resistance right now on 135.00, a rejection could get it beyond 131.5, it is one to watch.
vdubus AdanNogueira
Ye possibly, I do favour the upside for EJ can't see it getting down that far. We'll have to wait & see :)
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