fxpays

POTENTIAL SELL ON CADJPY!! (H&S FORMING)

Short
FX:CADJPY   Canadian Dollar / Japanese Yen
Hey traders,

This week I am currently looking at a potential sell on CADJPY , as you can see from my chart, we may be looking at a potential Head and Shoulders forming. Before I do enter a sell position, I will be looking for a break of support as you can see from the green marked area which I have drawn. You may be wish to enter when the candle has closed below this area or you can short on a break and retest.

As always if you do wish to use this idea, PLEASE ENTER AT YOUR OWN RISK!!

PLEASE FEEL FREE TO GIVE THIS IDEA A LIKE AND ALSO FOLLOW AS IT IS MUCH APPRECIATED!!

STAY SAFE AND HAPPY TRADING.

Comments

Nice bro
+1 Reply
fxpays MrTradesFX
@MrTradesFX thanks bro
Reply
nice idea. let's see if we can get some yen weakness
+1 Reply
fxpays Forex-Traders-Uk
@Forex-Traders-Uk thank you, hopefully we have a profitable week ahead🙏🏼
Reply
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