daytradersfx

HUGE head and shoulders pattern- 500 pips

Long
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...