TechTrader101

Double Bottom and Head and Shoulders

Long
TechTrader101 Updated   
OANDA:EURJPY   Euro / Japanese Yen
On the Daily and 240 TF we have violated struc to the upside, on the 60M/15M we have come down into resistance that has been tested in the past a minimum of 7 times. Not only have we a valid DB with RSI confirmation and divergence but we also have a classic reversal pattern, a Head and Shoulders with an initial structure high indicating a reversal from bearish to bullish.
Trade closed: stop reached
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