imdbesttrader

USDJPY - Head and Shoulders Pattern in making- Short is the call

Short
imdbesttrader Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
7
Head and Shoulders Pattern in making. Traders like to book profit at even numbers. 102.500 is an even number. The probblity of price climbing down is really high.

***This Idea is only for educational purpose***
Trade closed: stop reached:
Market climbed down just after hitting the Stop Loss. So the thought process was correct.
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