EURJPY - Simple setup!

FX:EURJPY   Euro / Japanese Yen
Very simple setup on H1 EURJPY , inverted Head and Shoulders formation, supported by my bearish expectation for JPY

Looking for 100-150 pips on this one.


Trade idea still valid, but since we have US and China trade wars, JPY could potentially be invested into quite heavily as a safe haven.

Provided the trade wars calm down a bit, wait for a H4 double bottom or a fake breakout to the downside + indicator convergence
Instagram: @PipsOfPersia
Telegram: t.me/pipsofpersia


Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out