USDJPY H&S Opportunity

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There are two ways that you can trade this. Frst one is to buy the right shoulder and second one is to wait for the breaout. First one involves slightly higher risk than waiting for the breakout.

Like and comment if you find value in our analysis.

Feel free to post your ideas and questions at the comments section.

Good luck


NOTES:

- All trades are executed with a valid signal of our own. As a trader you should develop and test your own entry protocol.
- We never trade just because the price reaches the trading zone. This also means that not every idea is a valid trade.
- Our analysis are trading ideas not trading signals for you. Therefore questions about the status of the trade, stop loss, take profit levels won't help your progress to be a better trader.
- Instead of trying to take this trade and win small profits, focus on the analysis and how to create your own trading style.

Best Regards.
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We've banked a target from discount price.
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Take-profit 2 for the first trade.
Take-profit 1 for the second trade.
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Terminating the trade with the ultimate target.
Chart PatternsTechnical IndicatorsWave Analysis

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