GBPJPY M30 Chart I SHS Pattern
Pattern /Reason: Inverse Head And Shoulder Pattern
Time Frame: M30
Accuracy of the Pattern: 72%
Setup No: GBJP190101
Recommended Lot: 0.20 at 10K
Trade Period: Scalping / Intraday
Stop Loss: 136.100
TP1: 136.500 / Reached
Divergence/ Convergence Confirmation: Not Yet – Will be updated.
Candle Pattern Confirmation: Bullish Harami M30
Moving Average Confirmation:
The trend of the Timeframe: Neutral
The trend in the Daily Chart: Strongly Bearish
- UK CPI came positive.
Update: TP1 OK. Book your profits.
Update: TP2 is OK.
- Pay attention to Time Frame, Trade Period and Estimated Completion Time, Accuracy and Recommended Lot Size clauses mentioned below.
- Do not risk more than 2% in one trade setup.
- We usually book partial profit at the first target and move our stop loss to entry or break-even level. Use your own risk/profit management to exit the trade.
- We are publishing potential opportunities. There are no certainties and traders bets on possibilities. Read the setup carefully before entering a trade and take your own decision.
VERIFIED ACCOUNT AND SETUP RESULTS
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