Very simple setup on H1 EURJPY, inverted Head and Shoulders formation, supported by my bearish expectation for JPY
Looking for 100-150 pips on this one.
PipsOfPersia
t.me/pipsofpersia
Looking for 100-150 pips on this one.
PipsOfPersia
t.me/pipsofpersia
Note
Trade idea still valid, but since we have US and China trade wars, JPY could potentially be invested into quite heavily as a safe haven.
Provided the trade wars calm down a bit, wait for a H4 double bottom or a fake breakout to the downside + indicator convergence
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.
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.