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USDJPY HEAD AND SHOULDERS REVERSAL?
USDJPY
, 240
Long
USDJPY: USDJPY HEAD AND SHOULDERS REVERSAL?
Apr 2, 2016

Waiting for the bearish candles to continue into Monday buying at around 111.331 and then into a long postiion to confirm the reversed head and shoulders, there has been a lot of congestion as USDJPY-0.85% is unable to create a direction

GBPUSD HEAD AND SHOULDER
GBPUSD
, 240
Short
GBPUSD: GBPUSD HEAD AND SHOULDER
Apr 2, 2016

Looking to sell through the neckline with stop at the top of the right shoulder. Predicting that the downtrend will happen at the 1.40925 level as the right shoulder breaks through the two previous troughs from the left shoulder and the head. This leading to my prediction of a target profit at 1.38679 and possibly further with running profits.

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