AUDJPY head and shoulders

Updated
Incomplete right shoulder. Head was also a bounce off of global channel's trigger line. good entry because it's close to right shoulder's top, where stop loss should be placed, making the risk much less. Planning to trade until the pattern is completed. A more risky strategy would be to keep holding for further bear movement.
Trade closed: stop reached
never mind lol, apparently Elliott is stronger than Head and Shoulders
AUDJPYaudjpyshortHead and ShouldersSupport and Resistance

Also on:

Disclaimer