EURJPY head and shoulder pattern=bullish

23 Sep 2021

There is a head and shoulder pattern at the support level. Price has made a higher high at the neckline. In addition, a double bottom pattern has developed at a highet time frame (H4). Price also has broken the supply zone. Both EMAs have crossed each other. Wait for the retracement at the Fibo 0.5-0.618 level before making an entry LONG.