Get started
pecpec

Short USDCAD

Short
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
pecpec Updated   
FX:USDCAD   U.S. Dollar / Canadian Dollar
Head and Shoulders USDJPY short
5
0
headandshoulders usdjpy short
Pros
  • H&S chart pattern(confirmed)
  • Previous resistance level

Cons
  • Countertrend

Strategy
  • Buy on pullback to the neckline
  • Stop on 61.8% above neckline
Trade closed manually:
I closed a half at 1.2628, and the other half, moved the stop at breakeven.
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.