joeyvalentino

15 Minute Head n Shoulders Wave Idea

FX:USDJPY   U.S. Dollar / Japanese Yen
Just as a possible setup for intraday plays, i noticed the 113.00 holds strong. i believe this will be hard for price to break. this would be the completion of the 5 wave and then breaking down into a head n shoulders, ABC wave pattern. like i said just as an idea to watch for as price does its thing. i would play it zone to zone. tight stops of course but be careful for UJs wicked stop wicks

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.