AhmedHassanien

Head and Shoulders Potential On GBP/JPY | H1

Short
AhmedHassanien Updated   
FX:GBPJPY   British Pound / Japanese Yen
Head and Shoulders Potential On GBP/JPY
---------------------------
The breach of the neckline 152.40-150.30 qualifies it to decline to 151.40 as a minimum target.
Comment:
Double Top model is now on H1. Breaking the neckline of the pattern supports the resumption of the decline to the minimum target of the larger head and shoulders pattern.
Comment:
done!
Trade closed: target reached

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.