USDJPY - Head and Shoulders Pattern in making- Short is the call

Head and Shoulders Pattern in making. Traders like to book profit at even numbers. 102.500 is an even number. The probblity of price climbing down is really high.

***This Idea is only for educational purpose***

Trade geschlossen: Stop wurde erreicht:

Market climbed down just after hitting the Stop Loss. So the thought process was correct.