GBP/JPY is forming H&S Pattern. Possibility to go to 134.50

Based on H&S and Fibo level if it finally ends up developing H&S pattern then the following TP will be valid. (It may take till Friday 12/6/2020 to form it)

Entry: 137.000
TP1: 135.750
TP2:134.500 (I can manually close at 135.000 level on Friday before London session)

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60 pips profit. H&S formation going good. I am closing 20% lot with profit. I'll close another 40% at TP1 and rest at TP2. You can also put SL at break even as you already have 60 pips profit.

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H&S Formation completed.

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Put SL at 136.25. (total profit 90 pips)

İşlem kapandı: hedefe ulaştı

90 Pips profit closed as SL at profit hits. I'll re open another trade 30 mins later (probably) if H&S pattern sustains

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I have openned another trade at 136.35 level
TP1: 135.75
TP2: 134.50

İşlem kapandı: hedefe ulaştı

closed 100% trade at 135.76

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Happy Trading and I hope you enjoyed the profit

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TP2 reached as well :-) .. but did get out esrly and missed the chance

UnknownUnicorn1848638

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.