MrDons

EURJPY - Inverted HNS - Long Oppurtunity

Long
FX:EURJPY   Euro / Japanese Yen
Head formed the Double bottom (double wick). level 124.43 respected few times before price rejected and go rocketing with bullish sentiment.
Right shoulder formed the lower bounced, great kick for bull to breakthrough the neck line.

Still observing the PA at neck line level, if break, this analysis will go.

Entry point: Neck line.


Everybody has a plan until they get punched in the face
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.