https://www.tradingview.com/x/UuFAdBCH/
DESCRIPTION
EUR JPY has rejected from a strong demand zone to the left and formed a text book formation of a head and shoulder pattern .
price ATM has the potential of retesting the neckline of the H&S pattern , and if so probability is there for a potential long with different entry methods.
Will personally look to enter if the price comes down to 163.500 level in either of London / New York session.
If price does go long after retest and opportunity is missed there will be other opportunity to buy using different entry methods , which will be updated as we go along and how the markets behave.
DESCRIPTION
EUR JPY has rejected from a strong demand zone to the left and formed a text book formation of a head and shoulder pattern .
price ATM has the potential of retesting the neckline of the H&S pattern , and if so probability is there for a potential long with different entry methods.
Will personally look to enter if the price comes down to 163.500 level in either of London / New York session.
If price does go long after retest and opportunity is missed there will be other opportunity to buy using different entry methods , which will be updated as we go along and how the markets behave.
ملاحظة
THE 50 and 200 EMA is still above the candle sticks on 4hr pattern , so its good to wait for entries atm . تم فتح الصفقة
ملاحظة
trade is active , however as this trade taken is on bigger TF , lot of patience is needed for it to see it play on the full scale , for now the price might retest again on our entry . So , just be calm and set and forget the tradee , let it run as it is. ملاحظة
Update - 70 Pips up from my point of entry . ملاحظة
Trade update - Today saw the trade rally up by 70 + pips as of UK time 2150 , lets secure the trade and make decisions as it plays out.
ملاحظة
Price again looks top retest the neckline , no problem with that , will keep holding , probably look another opportunity to enter , as long as risk are managed , there is nothing to worry about , its part of the game.
ملاحظة
we are 100 + pips today , all is well.
تم إغلاق الصفقة يدويًا
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.