GBP/JPY is forming H&S Pattern. Possibility to go to 134.50

10 giu 2020

Based on H&S and Fibo level if it finally ends up developing H&S pattern then the following TP will be valid. (It may take till Friday 12/6/2020 to form it)

Entry: 137.000
TP1: 135.750
TP2:134.500 (I can manually close at 135.000 level on Friday before London session)

10 giu 2020

Nota

60 pips profit. H&S formation going good. I am closing 20% lot with profit. I'll close another 40% at TP1 and rest at TP2. You can also put SL at break even as you already have 60 pips profit.

10 giu 2020

Nota

H&S Formation completed.

10 giu 2020

Nota

Put SL at 136.25. (total profit 90 pips)

11 giu 2020

Trade chiuso: obiettivo raggiunto

90 Pips profit closed as SL at profit hits. I'll re open another trade 30 mins later (probably) if H&S pattern sustains

11 giu 2020

Nota

I have openned another trade at 136.35 level
TP1: 135.75
TP2: 134.50

11 giu 2020

Trade chiuso: obiettivo raggiunto

closed 100% trade at 135.76

11 giu 2020

Nota

Happy Trading and I hope you enjoyed the profit

12 giu 2020

Nota

TP2 reached as well :-) .. but did get out esrly and missed the chance