Short EUR/JPY: the emergence of the bearish head and shoulder pattern indicates the continuation of the bearish trend

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Written on Feb 5, 2025
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Short EUR/JPY: the emergence of the bearish head and shoulder pattern indicates the continuation of the bearish trend

Open Loss

Signal timeline

Stop loss $162.18 (-1.24%)
Current price marker
Entry zone $160.2
Current price marker
$160.00
Current price marker
Take profit 1 $159.00 (0.75%)
Current price marker
Take profit 2 $157.00 (2.00%)
Current price marker
Take profit 3 $154.26 (3.71%)
Arrow Current price $162.09 (-1.18%)

Trading signal summary

Buy/sell asset Sell EUR/JPY
Entry zone $160.2 - $160.00
Stop loss $162.18
Portfolio risk 1%
Leverage 1:100
Take profit 1 $159.00
Take profit 2 $157.00
Take profit 3 $154.26
Est. trade duration 1-4 Weeks
Maximum profit 3.71%
Maximum loss -1.24%
Overall trade risk Low