H&S in GBPJPY

We have IH&S in GBPJPY

Trade with care and good luck every one:)

Комментарий:

s3.amazonaws.com/tra...shots/s/SjYcvefR.png

Previous IH&S from the bottom of the channel sent the pair to the top of the channel

Комментарий:

a second try to finished yesterday's job

s3.amazonaws.com/tra...shots/c/cUGY1ECQ.png

Комментарий:

on the way up
s3.amazonaws.com/tra...shots/z/ZXeDe6nA.png

found support on the neckline, 200 EMA and 0.5 fib retracement

Комментарий:

first target reached

Комментарий:

s3.amazonaws.com/tra...shots/z/ZAmnJW88.png

Still facing the target. There was a resistance at 38.2 fib level and 200 EMA, that sent us back to the neckline and 23.6 fib level where we found support.

Комментарий:

Target reached and a new bigger H&S have been formed
s3.amazonaws.com/tra...shots/m/MrAyQZ9t.png
The new targets are:
151,770
153,860

The touch of the neckline and the 200 EMA will be a nice entry point

Trade with care and good luck everyone:)