EURJPY Isn't it a Head and Shoulder? 30M TF 30/01/2021

As we ca see there is a head and shudder pattern is forming and by using our Fibonacci projection from head to the falling shudder we can have 3 TPs zones of short-term trades

i shall mention that we are aware of a bearish divergence with MACD and it is the sign of a big fall in the Daily time frame

Trade geschlossen: Ziel wurde erreicht:

First and Second Target Achieved