EUR/JPY Head&Shoudlers Long
EUR/JPY finished a Head & Shoulders pattern and is breaking the neckline.
Buy at market open, with a TP @ 120.982. This is because the price range from the head to the neckline should be equal to the TP from the breakout. There is also a resistance area near our TP.
SL @ 120.004 which is below the neckline
RR Ratio of 3.68
Buy at market open, with a TP @ 120.982. This is because the price range from the head to the neckline should be equal to the TP from the breakout. There is also a resistance area near our TP.
SL @ 120.004 which is below the neckline
RR Ratio of 3.68
Trade closed: stop reached
Sl reached
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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.