Possible Head & Shoulders formation in USDJPY

7 Nis 2017

Hi All,

I'm already short in USDJPY 0.14% so holding on to my positions. However, in addition - I see H&S formation coming up - and a break of the neckline could be another good opportunity to short this pair..

Keen an eye and trade carefully! :)

7 Nis 2017

İşlem aktif

The break of the neckline was steep and sudden - not sure if many of you were able to catch that, and this was one reason I was holding on to my shorts..

However, retracements back to the neckline can be shorted again now...

4 May 2017

İşlem kapandı: hedefe ulaştı

Trade closed with good profits...