GlobalFxx

USD/JPY 4H head and shoulder pattern!

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
Overall sentiment is to short it. Now I will be looking for the best oportunity to sell it. Scale it up into 1h, 30min, 15min and find the best entry!! Good luck to you all. Let's smash it!

Comments

Where would you place the stop loss and take profit for this short position?
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Your saying to short it and others are saying to buy when it drops down as its apparently an inverted head and shoulders
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Kashtastic69 Kashtastic69
@Kashtastic69 if you look at it on 1D timeframe
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GlobalFxx Kashtastic69
@Kashtastic69, You are right, but this idea it is on the 4h time frame and 1h. It is a "scalping idea" 80 pips and out.
+1 Reply
Kashtastic69 Kashtastic69
Fair enough hope it goes well! I am only a brand new trader so learning constantly
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GlobalFxx Kashtastic69
@Kashtastic69, we all learn, I am still learning too. Thing is that everyone sees it on a different view, best thing on trading is having your own check list and trading plan and stick with it no matter what, if it works don't change it, if it doesn't work, try different strategies. Have a great day and I wish you the best! let's smash the market!
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