RobTaylorForex
Short

USDJPY Head and shoulders short

FX:USDJPY   U.S. Dollar/Japanese Yen
169 6 3
Taking a short trade here, have entered at 118.90 and target is about 118.00, distance from top of head to neckline. Placing a tight stop just above 119,00 as I feel it invalidates trade if price moves above that. Also interesting, the right shoulder itself was a head and shoulders pattern that completed, with a drop equal distance from the head to neckline. Sorry for messy chart, wanted to get idea quick, was using this for some scalping as well as other analysis. I did not hit that first target just wanted to show the measurement.
Very good call here. To the T
+1 Reply
Thank you :)
Reply
Great analysis mate!
+1 Reply
RobTaylorForex Pip_Alchemist
Thank you :) I can't believe I was literally bang on there lol
+1 Reply
snapshot
and another Head and shoulders just completed from my entry Lol
Reply
RobTaylorForex RobTaylorForex
snapshot

Reply
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out