miracle69-

USD/JPY Continue Lower After Pullback

Short
miracle69- Updated   
OANDA:USDJPY   U.S. Dollar / Japanese Yen
As We can see, USD/JPY is forming Head and Shoulders Pattern. The Price is already breakdown the neckline.
Now I'm waiting the closing candle in H4 timeframe for the confirmation to entry.
Be Patience.
Trade active:
Although the last candlestick is not closed with a Bearish Engulfing Candle, but I still take this signal for entry the trade.
My Stop is 1 ATR above the last candlestick.
Comment:

Risk to Reward 2,5
I Think, it's good enough
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.