PRICE SEEMS TO BE STRUGGLING TO BREAK 114.250, IT ALSO LOOKS LIKE IT POSSIBLY CAN BE FORMING A DOUBLE TOP ON THE DAILY BUT ON THE WEEKLY IT LOOKS LIKE A BIGGER DOUBLE TOP MAYBE FORMING. IF PRICE FAILS TO BREAK 1114.250 PRICE POSSIBLY CAN DROP TO 108.835
buy EUR/JPY .... Risk Reward Ratio 1:6
The UJ is getting to be Bearish market on the NY session. this is my scenario.
We have hit our target of 700+ pips and now out of the trade. Hopefully some of you got in.
INVERTED HEAD AND SHOULDERS PATTERN - AT A MN SUPPORT REGION NOW DUE TO FLY! TP EXTENED TO 147. NOW JUST HOLD HOLD HOLD TILL TP Estimation of about 15 - 25 trading days TRADE SHOULD ROUND UP BETWEEN 7TH AND 14TH OF JUNE ...... THE MORE CONFIRMATION THE BETTER