Kishore

USDJPY Head & Shoulder

FX:USDJPY   U.S. Dollar/Japanese Yen
194 5 5
Market Analysis: The pair has completed the head and shoulder pattern, Now its moving to retest the broken neck line. Once the resistance hold can have a new sell trend going on. So lets wait and see the markets for the next week. Cheers!
Hi, Kishore, is not correct to consider a H&S at the end of a bearish trend.
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Kishore PRO tempraturbo
Hello, tempraturbo thnx for the info. Yes im indeed aware of that. But still there are times it has given me some good trades. Hoping it will be one of them. Cheers!
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Hi, Kishore, I was long on USDJPY since 99.900, today I closed my position. Now, I am waiting the price back to 101.000 to open a new long.
Thanks!
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Kishore PRO tempraturbo
Have a good trades man. Cheers!
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Though we have studied in your class all technicals it is very much useful when we see all these technicals in live market now and then we are refreshing our technical knowledge. Thanks for your continuous support and educating us.
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