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RealDealForexEducation

AUDUSD Head and Shoulders Short Setup

Short
British Pound / Japanese Yen (FX:GBPJPY)  
RealDealForexEducation  
FX:GBPJPY   British Pound / Japanese Yen
Trend Analysis Chart Patterns Harmonic Patterns short shortsetup
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trendanalysis chartpattern harmonicpatterns short shortsetup
H and S formed. Breakout of neckline was re-tested and was obeyed to become new resistance level. Bearish momentum picking up as we edge closer to the trendline. Blue line is entry, Red is Stop loss and Green is Take Profit. 2.5:1 Risk reward.
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