GBPJPY Head N Shoulders
GBPJPY created a nice head and shoulders.
On the left shoulder price failed to make a new high so we made a push down to form a higher low to create the head.
After the head price pushed down back to 142.300 area and then came up to create a right shoulder around 142.800.
This formation along with price being rejected and London session already opened this is was a highly profitable setup.
You could have entered on the right shoulder and secured 70 pips and some more.
On the left shoulder price failed to make a new high so we made a push down to form a higher low to create the head.
After the head price pushed down back to 142.300 area and then came up to create a right shoulder around 142.800.
This formation along with price being rejected and London session already opened this is was a highly profitable setup.
You could have entered on the right shoulder and secured 70 pips and some more.
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.