CADJPY - Head & Shoulders combined with Wedge Pattern
Head & Shoulders
Dynamics of a Head & Shoulders pattern is sell position if neckline is broken
Wedge
Trade can go both ways, wait for the confirmation but also remember that false breakout may occur so wait to see if retrace is confirmed
This is my trade analysis and not to be seen as a signal please do your own homework....:-)
Dynamics of a Head & Shoulders pattern is sell position if neckline is broken
Wedge
Trade can go both ways, wait for the confirmation but also remember that false breakout may occur so wait to see if retrace is confirmed
This is my trade analysis and not to be seen as a signal please do your own homework....:-)