Get started
UnknownUnicorn163516

USDJPY: H&S or Double Top on Daily. How to trade it?

U.S. Dollar / Japanese Yen (FX:USDJPY)  
UnknownUnicorn163516 Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
Double Top or Bottom Head and Shoulders USDJPY
8
8
doubletoporbottom headandshoulders usdjpy
I would prefer to short a pair only after 44&77SMAs will crossed on Daily chart .
Trade active:
So... Is it H&S (long) or Double top (short)? Let's wait and see what market does.
Comment:
44&77SMA still were not crossed
snapshot
Trade active:
Look like H&S after all
Order cancelled:
The dangerous asset. A rigorous risk management is mandatory.
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.