USD/JPY - Head and Shoulders
Here we have a nice head and shoulders setup on the 1h chart for USD/JPY. This is a very simple selling opportunity, we would be looking for an entry below the neckline but I would wait for the close of the candle before getting in!
I will be looking to close out this trade in profit between 111.700 and 111.500, always remember to keep risk low and never get greedy!
I will be looking to close out this trade in profit between 111.700 and 111.500, always remember to keep risk low and never get greedy!
Trade active
Entered at the close below 112.800.Trade closed manually
Closed out in profit at 112.250, right before the bullish move.
📈 Master the Art and Science of Trading: sixfigurecapital.com
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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.
📈 Master the Art and Science of Trading: sixfigurecapital.com
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.