USD/JPY - Head and Shoulders

Here we have a nice head and shoulders setup on the 1h chart for USD/JPY. This is a very simple selling opportunity, we would be looking for an entry below the neckline but I would wait for the close of the candle before getting in!

I will be looking to close out this trade in profit between 111.700 and 111.500, always remember to keep risk low and never get greedy!

Trade ist aktiv:

Entered at the close below 112.800.

Trade wurde manuell geschlossen:

Closed out in profit at 112.250, right before the bullish move.