GBPJPY-head and shoulders Short

British Pound/Japanese YenFXCM

Description

⋅ Mar 12, 2015 1:42 PM

P.D. i did a mistake labeling the head, but the idea is clear......

I took this idea from another trader, we were talking about this pattern. I see right now breaking the neckline.
A nice opportunity to enter the market.
Best regards.

Comments

GcNaif

⋅ Mar 12, 2015 5:09 PM

potential CD leg is in progress

FullTimeTrader

⋅ Mar 12, 2015 5:16 PM

Nice perfect pattern, it could be a target also.... i will put it on my watchlist

GcNaif

⋅ Mar 12, 2015 5:41 PM

thanks, as always i wait for your ideas i like them , i posted it as idea now tradingview.com/v/u2JuTfGl/

TradeYodha

⋅ Mar 12, 2015 2:36 PM

Agreed. That bounce can give us another possible short opportunity tradingview.com/v/FNXWwy3C/