vj20_fx
Long

HEAD AND SHOULDERS MAY FORM

FX:EURJPY   Euro / Japanese Yen
The movement made so far, I called 3 days ago which was the strong bearish movement retracing of the .618 resistance. I believe it will bounce of 0.5 fib support to form a head and shoulders pattern eventually creating a bullish movement till daily resistance. I am now waiting to go long.

Comments

Bro your IDEA is the Best i got profit from this thz bro and what is next move if you done please share me thz
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vj20_fx lulaay
@lulaay, great stuff!
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lulaay vj20_fx
@vj20_fx, I think EJ is now on uptrend but it's can't break 121.8.. level it's can break it EJ may be more bull
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vj20_fx lulaay
@lulaay, I do think price could stretch up to the daily resistance (123.3) however I can see it retracing to fib support .618 (121.1).
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now can be long bro???
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vj20_fx lulaay
@lulaay I am waiting until retracement to form the right shoulder is complete to go long.
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