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Summer963
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100 % forex
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USDJPY 50% | 1 EURAUD 50% | 1
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Potential short opportunity, head and shoulder reversal pattern.
EURAUD
, 240Short
EURAUD: Potential short opportunity, head and shoulder reversal pattern.

The pair just formed a head and shoulder pattern both on the daily and 4H which is a strong reversal pattern and I'm looking to sell/short the pair.

USDJPY currently in level 1, looking for SHL then rise.
USDJPY
, 60Long
USDJPY: USDJPY currently in level 1, looking for SHL then rise.

The pair just moved away from the peak formation low, showing strong support. Expecting a Stop Hunt Low (SHL) by market makers to induce traders to take short and then snatch it away from them. Going long would be a good idea.

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