Get started
U.S. Dollar / Japanese Yen
Short

USDJPY Head&shoulders m15

By bluechak
Updated
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
Chart Patterns
bluechak

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.