As we can see on EURJPY that it was respecting a trendline but even after forming a double bottom it failed to go up and created a head and shoulder pattern and breakout of the Head and Shoulder pattern has been done so we can plan short trade once we some sort of bearishness.
Target - 161.600
Target - 161.600
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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.