dlbsanborn
Long

CADJPY weekly chart outlook

OANDA:CADJPY   Kanadischer Dollar/Japanischer Yen
CADJPY             has seemed to put in a large inverse head and shoulders pattern and has broken the neckline. If this plays out, a measured move would place the "completion" of this pattern around 100-101 price area which is around 1000 pips from where price is currently trading. Something to keep in mind for the 2018 year.
Trade ist aktiv: I went long on this pair on December 15, 2017 and have since taken partial profits. My trail stop is currently in profit and I'll continue to trail it if/when price continues it's bullish trajectory.
Kommentar: Entry was at 87.699
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