CADJPY Broader Head and Shoulders Pattern
Like what I see here on the CADJPY.
We had our downtrend, and now have made a reversal pattern here. Today's daily candle closed higher above previous highs and had quite the strong break, although I would have preferred if it close above the wicks.
This trade is valid above the 83.00 higher low level. That is the swing we are working with.
Would be looking at 85.00 for take profit. Cad could also coincide with the Oil break we have had.
We had our downtrend, and now have made a reversal pattern here. Today's daily candle closed higher above previous highs and had quite the strong break, although I would have preferred if it close above the wicks.
This trade is valid above the 83.00 higher low level. That is the swing we are working with.
Would be looking at 85.00 for take profit. Cad could also coincide with the Oil break we have had.