TAS_is_Goliath_Capital_Growth

EURJPY possible H&S forming as a reversal

Short
FX:EURJPY   Euro / Japanese Yen
23
SETUP - Exchange rate testing the break and forming a head and shoulders.
Comment:
Still inside the H&S, hasn't rejected it. Also a triangle that will help with an entry and a MACD supporting the short view
Comment:
Break down of the second trendline soon.
Comment:
Sitting on the doc of the trend line, watching the price roll away...
Comment:
Finding support at the dashed line. Wait for a break

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.