EURJPY Head And Shoulders pattern
EJ has formed an inverted Head and Shoulders pattern on the daily chart. And while price was doing so it was accompanied by 2 large impulse candles. I am looking for a retest of the neckline which happens to be a 50% retracement. When the time is right a bullish reversal pattern on the 4 hr chart may signify an entry!!
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.