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TheSignalyst

EURJPY Sell Setup!

Short
Euro / Japanese Yen (FX:EURJPY)  
TheSignalyst  
FX:EURJPY   Euro / Japanese Yen
Trend Analysis Chart Patterns Technical Indicators EURJPY neckline breakout priceaction Divergence trigger
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trendanalysis chartpattern indicator eurjpy neckline breakout priceaction divergence trigger
EURJPY is forming a head and shoulders pattern around resistance.

we also have a trendline and divergence adding more confluence to our setup.

our trigger would be after a momentum candle close below the neckline.

and the stop loss would go just above the right shoulders.

we always target double our stop loss!
This analysis is done using RichTL
www.RichTL.com

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