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kikitoshi
Mar 13, 2018 10:54 AM

H&S in EURJPY Long

Euro Fx/Japanese YenFXCM

Description

After the IH&S in GBPJPY from few days ago, now we see the same configuration in the pair with Euro

TP1 133,300
TP2 134,880

Trade with care and good luck everyone:)

Comment

s3.amazonaws.com/tradingview/snapshots/7/7P8Bqi61.png

Just like in GBPJPY we see possible rebuilding the right shoulder. The neckline of new configuration is right on 23.6 fib level with a head on 38.2 level, so this also tells us that this could be the end of the retracement of the up move from the last year

s3.amazonaws.com/tradingview/snapshots/x/X69jlawG.png

There is new targets of the possible new H&S
TP1 133,890
TP2 135,090
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