patrick186

CADJPY Inverse Head and Shoulder Pattern

Long
FX_IDC:CADJPY   Dollar canadien / Yen japonais
CADJPY is in the midst of forming a huge inverse head and shoulder pattern on the weekly and monthly time frames.

I'm now watching for a key low near the monthly .618 fib and major trend line which ideally would give us our right shoulder.

Ideal target is between $95.00 and $97.00, I'll go over specifics in my entry plan.

Checkout my website (in profile status area) to find my post with analysis for this pair and many other opportunities.

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