Santiment looking good !Not much risk in this trade ! Trendline has been held nicely !
Buy on entry 1 sell on target 1 . Then buy entry 2 and sell target 2
Not much more to say
*Trade at your own risk ! This is not financial advice !
Lowrisk
GBPJPY is heading to 150 and then 150.5 zone - quick playAfter the big up trend this pair formed big H&S pattern but it looks like it failed to continue down.
After It failed it actually created a bullish smaller h&s pattern .
Now It looks like this failure is driving the price up to the 150 zone and 150.5 also looks reasonable for me .
Everything is on the chart...
Best of luck:-)
looking to buy EURAUDMain trend is up and bearish h&s pattern formed, but If we stick with the trend we should expect higher prices to the upper channel.
Therfore i will wait price to reach the support zone and buy there after a clear reversal pattern will be formed.
If that what will happen it will tell me that h&s pattern is going to fail and price will shoot up.
Best of luck :-)