hey guys,
EURJPY has broken below a rising channel on 1H.
currently, the price is forming the right shoulder of a head and shoulders formation.
I am looking for a bearish breakout of a neckline to short on retest expecting a drop lower.
start your profit protection from 115.5 level and aim at 115.0 with a potential bearish continuation.
in case of violation of head level to the upside, setup is invalid
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✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
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⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
Related publications
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.