Surefyre
Short

EURJPY Head and Shoulders

FX:EURJPY   Euro / Japanese Yen
63 0 1
Been trying to make something of this formation for a few days and finally settled on H&S , albeit not an obvious one.

Neckline around 139.28 which also happens to be a historical /R level, makinf last week's rally a possible re-test of the neckline which is fairly common. Assuming the neckline holds the short target is 2.618 x the H&S height of around 6.386.

If the target is approached it may transofrm into a Bump and Run as that would also mean breaking the upward trendline from the lead-in to the BAR,
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体中文
繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out