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.
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