Canadian Dollar / Japanese Yen
Short
Updated

CADJPY - Head and Shoulders

854
A head and shoulders with RSI Divergence spotted and shorted. The beauty of this setup is that the completion of the head and shoulders head straight back into the buy zone. Let's see how this trade pans out.
Trade closed: target reached
SL: 90.66(-24)
TP1: 90.19(+23pips)
TP2: 89.95(+47pips)

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.