TradingView
tradingdiaries
Feb 8, 2016 12:56 AM

Head and Shoulder on USD/JPY Short

U.S. Dollar/Japanese YenFXCM

Description

The USD/JPY is comming down to the neckline of a head and shoulders formation.
Now waiting for the breakout and a return to the neckline to enter a short trade.

SL: Around 118.324
Target: Around the support at 105.556.

More