USDJPY - Head & Shoulders 2618 opportunity

18 בפבר׳ 2015

We're presented with a Head & Shoulders formation and the right shoulder has double topped, broke through the neckline and formed a .618 retracement to test the highs again. This might be a good time to short if current candle closes below the neckline which aligns nicely with the .618 retracement. RR is definitely worth giving it a try