vipulmehta817

H&S on JPYINR 4H Chart

vipulmehta817 Mis à jour   
FX_IDC:JPYINR   JAPANESE YEN / INDIAN RUPEE
JPYINR is completing double Head & Shoulders pattern on the 4H chart. Break of this baseline would be highly bearish for the currency pair. Otherwise, if this line is held, we can see strong bullish action as well.
Good time to wait and watch and take a trade when either side seems strong.
Transaction en cours:
We got a good bullish rejection in the form of an inverted hammer followed by a decent fall. Good short trade captured with trailing SL at 0.6710.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.