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Moipone_Phakisi

EURJPY SHORT!!

Short
Euro / Japanese Yen (FX:EURJPY)  
Moipone_Phakisi  
FX:EURJPY   Euro / Japanese Yen
Support and Resistance Supply and Demand Head and Shoulders
0
1
supportandresistance supplyanddemand headandshoulders
EURJPY and EURUSD are positively correlated.

I am short on EU and this pattern on EJ therefore does not surprise me.

Technically speaking though, my stop loss should be above the "head" as this is the last HH created. But I needed the RR to make sense for me to take this trade :)

Enjoy :)
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