Head and Shoulder forming on CADCHF, if we break the yellow .69000 zone and hold, we can expect the trend to be bullish. once i see a big push higher i will place a buy limit at the neckline (. 68830 area). ill be wrong with a break and close below the right shoulder (.67400). i will have my stops placed below, overall projection for this trade is .72, this trade has a risk reward of 2:1.
Happy Trading!
Happy Trading!
Comment:
weve broken out, approaching my buy limit now.
Comment:
TP HIT