EvanJones
Short

H&S Pattern Emerging

FX:GBPJPY   British Pound/Japanese Yen
31 0 3
GBPJPY             is in a nice Bear trend mainly driven by the brexit issue. In the coming weeks I expect some increased volatility on GBP pairs and I expect this will lead to a drop in price for this pair.

A h&S pattern has emerged on the 4HR timeframe and if obeyed would see price fall to around the 148-150 area. Place sells under the neckline and take profit at 149 to be safe.

For more information and trade setups follow me here, on twitter or sign up to my website in development: http://www.ejfxtrading.com
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out