daytradersfx
Long

HUGE head and shoulders pattern- 500 pips

OANDA:CADJPY   Canadian Dollar / Japanese Yen
This is a great set up on the daily chart , the head and shoulders pattern is structurally clean but don't be surprised to see some chop around the neckline. I'm looking to start building positions around the neckline.

There's a pretty solid 500 pips to work with here.

This will be a tricky trade, start small and scale in.

Happy pippin...
I went long 2 days ago, hoping for parity by early next year.
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out