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NDOBObanks

EURJPY HEAD AND SHOULDERS BREAKOUT SHORT

Short
Euro / Japanese Yen (SAXO:EURJPY)  
NDOBObanks Updated   
SAXO:EURJPY   Euro / Japanese Yen
Trend Analysis Chart Patterns Wave Analysis eurjpyshort eurjpysignal eurjpytrade eurjpyanalysis eurjpyforecast eurjpyprediction head_and_shoulder headabdshoulderspattern headandshouldersformation
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trendanalysis chartpattern waveanalysis eurjpyshort eurjpysignal eurjpytrade eurjpyanalysis eurjpyforecast eurjpyprediction head_and_shoulder headabdshoulderspattern headandshouldersformation
We expect further downside on this pair, signalled by the formation head and shoulders pattern breakout. We can also see the breakout of a short-term trendline and key level supports our directional basis
Comment:
Price is now around 50% of the move.
Trade closed: target reached
Comment:
Price is still tanking as expected almost 1 month later!
Comment:
2 months later price is still going down as per analysis.
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