{"id":117959,"date":"2017-12-11T05:55:04","date_gmt":"2017-12-11T10:55:04","guid":{"rendered":"http:\/\/countingpips.com\/?p=117959"},"modified":"2018-06-01T15:48:25","modified_gmt":"2018-06-01T15:48:25","slug":"eur-jpy-potential-inverted-head-and-shoulders-on-intraday-charts","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2017\/12\/eur-jpy-potential-inverted-head-and-shoulders-on-intraday-charts\/","title":{"rendered":"EUR\/JPY Potential Inverted Head and Shoulders on Intraday Charts"},"content":{"rendered":"
December 11, 2017<\/div>
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By Admiral Markets<\/b><\/p>\n

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The EUR\/JPY looks like it is forming an inverted head and shoulders pattern- Bullish SHS. The pair is currently sitting between H3 and H4, and there is still room to the upside. POC ( D L3\/L4, EMA 89, ATR pivot) 133.18-35 and POC2 (W L3, historical support, D L5,ARE projection low) could reject the price towards higher resistance zones on a retracement. Targets are 134.05 and 134.47. 1h momentum and\/or 4h close above 134.50 should open the door towards W H5 135.30. Break below 132.50 and EUR\/JPY is bearish.<\/p>\n

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Article by Admiral Markets<\/b><\/p>\n

Source: EUR\/JPY Potential Inverted Head and Shoulders on Intraday Charts<\/a><\/p>\n

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Admiral Markets is a leading online provider, offering trading with Forex and CFDs on stocks, indices, precious metals and energy.<\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

By Admiral Markets The EUR\/JPY looks like it is forming an inverted head and shoulders pattern- Bullish SHS. The pair is currently sitting between H3 and H4, and there is still room to the upside. POC ( D L3\/L4, EMA 89, ATR pivot) 133.18-35 and POC2 (W L3, historical support, D L5,ARE projection low) could […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-117959","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/117959","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=117959"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/117959\/revisions"}],"predecessor-version":[{"id":117970,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/117959\/revisions\/117970"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=117959"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=117959"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=117959"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}