dionvuletich
Long

CADJPY 4hr Multiple Patterns

FX:CADJPY   Canadian Dollar/Japanese Yen
24 1 0
As per longer timeframe H&S Pattern, there is a bullish Cypher present,
Which then could potentially turn into another bearish Cypher pattern ...

My entry for the bullish Cypher is a little lower than the standard entry at 78.6%
because I believe the sellers of the H&S pattern may push it a little lower than 78.6%

My stops and targets are different than most but that is how I tested them so that is how I trade them

...Would work quite nicely if you planned to stop out all the H&S traders with their stops above 99.43 which you could stop out and then reverse short again...??
dionvuletich
2 years ago
invalidated
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