GBPJPY - Inverse Head & Shoulders Pattern Completed
How to trade the head & shoulders pattern :
Open a position when the price breaks through the neck line
Place a stop loss order above the right shoulder
Price target for the formation is equal to the depth of the neck line to the head of the formation.
Good luck!
Open a position when the price breaks through the neck line
Place a stop loss order above the right shoulder
Price target for the formation is equal to the depth of the neck line to the head of the formation.
Good luck!
