USDJPY 60min H&S Pattern + @MKT Cypher
USDJPY has carved out some interesting technical patterns.
Currently, we have an at market Cypher Pattern.
I'm looking at the H&S pattern that formed at Strong Resistance and will looking to sell a rally back into the pattern. Targets are shown on the chart. Stops are 1 ATR above the right shoulder and plus a few extra pips to get my stops behind that random wick.
Best of Luck
Currently, we have an at market Cypher Pattern.
I'm looking at the H&S pattern that formed at Strong Resistance and will looking to sell a rally back into the pattern. Targets are shown on the chart. Stops are 1 ATR above the right shoulder and plus a few extra pips to get my stops behind that random wick.
Best of Luck
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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.