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luismialcega
Apr 20, 2015 2:24 AM

USDJPY H&S Short

U.S. Dollar/Japanese YenFXCM

Description

Since november 2014 price is in a bullish trend and during this period price has made a triangule. In february price started making a head and shoulder, as you can see. Few days ago price has broken the support of the triangule and is getting closer to the support of the H&S. So, if price dont bounce at the support of the H&S go short to the support at $116.07, being carefully with the little support i painted at $117.
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