JaredJJohnson

HUGE head and shoulders pattern- 500 pips

Long
OANDA:CADJPY   Canadian Dollar / Japanese Yen
This is a great set up on the daily chart, the head and shoulders pattern is structurally clean but don't be surprised to see some chop around the neckline. I'm looking to start building positions around the neckline.

There's a pretty solid 500 pips to work with here.

This will be a tricky trade, start small and scale in.

Happy pippin...

Jared Johnson
Union Hedge Funds
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.