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MannyGuzman
Jul 19, 2018 2:24 PM

EURJPY H4 Setup! Strategy: HnS Short

Euro Fx/Japanese YenFXCM

Description

Sell Limit EURJPY @ 131.260
SL @ 131.560 (30 Pips)
TP @ 130.360 (90 Pips) (3R)
TP 2 @ 129.900 (136 Pips) (4.53 R)


H4 Head and Shoulders Pattern, entry based off 50% retracement, stop loss above right shoulder, take profit are previous highs and a proper measured move of Head and Shoulders pattern that aligns with structure.

Trade closed: target reached

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