EURJPY - H&S formation for uptrend validation

٢٣ يونيو ٢٠٢٠

At the moment EURJPY is ranging. In order for the uptrend to continue , we would need to see a daily bullish close above 121.000. This should give us momentum to complete the H&S pattern as depicted.
Entry would be on the Right shoulder ( high risk ) and on completion of the pattern for more upside movement. This idea remains invalid until all reversal parameters have been met.
Like and leave a comment below :)