UPDATE ON CADJPY!! (H&S NOW VISABLE)
Hey traders,
If you see my CADJPY idea on my page I had stated that we may be seeing a potential Head & Shoulders pattern forming. Its been over 24 hours and the Head & Shoulders is now visible. Right now its a waiting game to see where price moves to next, I have set an alert at the neckline to make sure I don't miss the trade if price respects this pattern.
In trading one of the most important aspects of trading is having patience, this is one aspect of trading that majority of traders don't have, so I suggest setting an alert just below the neckline and wait it out to see if we do get a potential selling opportunity.
AS ALWYAS IF YOU WISH TO USE THIS IDEA PLEASE ENTER AT YOUR OWN RISK!
PLEASE LIKE AND FOLLOW AS IT IS MUCH APPRECIATED!
STAY SAFE AND HAPPY TRADING.
If you see my CADJPY idea on my page I had stated that we may be seeing a potential Head & Shoulders pattern forming. Its been over 24 hours and the Head & Shoulders is now visible. Right now its a waiting game to see where price moves to next, I have set an alert at the neckline to make sure I don't miss the trade if price respects this pattern.
In trading one of the most important aspects of trading is having patience, this is one aspect of trading that majority of traders don't have, so I suggest setting an alert just below the neckline and wait it out to see if we do get a potential selling opportunity.
AS ALWYAS IF YOU WISH TO USE THIS IDEA PLEASE ENTER AT YOUR OWN RISK!
PLEASE LIKE AND FOLLOW AS IT IS MUCH APPRECIATED!
STAY SAFE AND HAPPY TRADING.
Trade active:
Trade active:
Second entry:
Trade closed manually:
All positions are now closed as I don't like the way price is currently moving.
Profit taken: 3%
Profit taken: 3%
