FX:EURCAD   Euro / Canadian Dollar
Looks like a standard H&S pattern here. I am waiting for the retest, but i think we could see the pullback go higher than the neckline, something that happens more often in FX.
The right shoulder did go higher than it should, so there is some risk here. That's why i will get in with half at the entry zone and the other half we we start to drop .

Previous analysis:

Comment: lol :) stops to entry now

Comment: Trading can be so easy sometimes, than how come most still mess up? I can give you a ton of psychological reasons to why, learning it on your own (the hard way) will take many years.

Target has been reached already, i am out of this one already. There is maybe a bit more room, but bigger picture looks to be bullish, so i don't expect a lot downside movement.

Trade closed: target reached
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Nice break
It's time to LONG
 
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A-M-A-Z-I-N-G. This market is eating from your hand man :-)
+1 Reply
botje11 majormajor
@majormajor, LOL yeah this was beauty, foreseeing it peeking just above the neckline :)
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Thanks for sharing! Missed this one but would be great if you could tell us some of those psychological reasons you mentioned @botje11
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botje11 dr90210
@dr90210, I will talk about all those things when my website is ready, under the learning section, so with time
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Another incredible FX trade @botje11 ... I placed the entries as per your setup and wake up this morning to huge profits.
You are kicking ass :) TY
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botje11 BlurShines
@BlurShines, So getting rich while sleeping, you made a killing lately, think your a very happy man :)
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congartulation I was in
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@narjes, Thank you, same to you of course :)
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wow .. gz, thank you
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