USDJPY [Intraday 15m] H&S is it now or bigger is coming ?

Sep 28, 2018

Latest failure at the bottom of that rising channel brought Us new high ( all after FOMC ). Have you notice intraday H&S formation at the top of that channel ? First short filled. In case of stop out it may turn to bigger H&S where current one might work as just left shoulder.... then I will work with short side one more time....Dont forget its end of the quarter/month and week.... Small exposure and tight stop.

Sep 30, 2018

Note

First stop been hit, looking for next scenario: bigger H&S over the course of first week in October.