bluechak

USDJPY Head&shoulders m15

Short
bluechak Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
Head&Shoulders is forming on 15m chart. If breaks and closes below trendline we are looking for 20 pips of profit and stop loss above right shoulder.
TP2 is 38.2 fibonacci retracement of wave on 4h chart.
Trade closed: target reached:
What a ride it was!!! TP1&TP2 reached in less than 2 hours. I'm no pro, but I'm fascinated about how precise some predictions can be.
As MMA fighter Conor Mcgregor said: "Precision beats power and timing beats speed."
:D
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