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Antonio_trader
Nov 13, 2018 11:18 AM

EURJPY potential reverse H&S 

Euro Fx/Japanese YenFXCM

Description

Price had a problem to break above 130 level and went back almost to the trend line. Might try to test it, entry through current confirmed resistance zone, stop below the swing or lower if you wish, target 130. If this is looked as a reverse H&S, MPO at 129.30 area, RSI divergence on 15 min chart. Alternatively we could see a move lower and look for short setups.
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