H&S in EURJPY

Mar 13, 2018

After the IH&S in GBPJPY from few days ago, now we see the same configuration in the pair with Euro

TP1 133,300
TP2 134,880

Trade with care and good luck everyone:)

Mar 14, 2018

Note

s3.amazonaws.com/tradingview/snapshots/7/7P8Bqi61.png

Just like in GBPJPY we see possible rebuilding the right shoulder. The neckline of new configuration is right on 23.6 fib level with a head on 38.2 level, so this also tells us that this could be the end of the retracement of the up move from the last year

s3.amazonaws.com/tradingview/snapshots/x/X69jlawG.png

There is new targets of the possible new H&S
TP1 133,890
TP2 135,090