On H1 at CADJPY we are in an uptrend. As in the last part, the price failed to make a higher peak.
This way it forms the head and shoulders figure.
To enter it we must have a closing candle below the neckline - 87.85!
To determine the profit level, the size of the head is measured and applied from the moment of breakout.
In this case we expect 87.40!
This way it forms the head and shoulders figure.
To enter it we must have a closing candle below the neckline - 87.85!
To determine the profit level, the size of the head is measured and applied from the moment of breakout.
In this case we expect 87.40!
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❓ If you got questions: t.me/Semkov
💰 PAID SIGNALS AND ANALYSIS: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
