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vipulmehta817
26 de Ago de 2021 11:55

H&S on JPYINR 4H Chart 

JAPANESE YEN / INDIAN RUPEEICE

Descrição

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.

Trade ativo

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.
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