Inverted H&S on CAD/JPY @ H1

218
The inverted head-and-shoulders pattern on H1 chart of CAD/JPY offers a bullish breakout opportunity. Neckline in the upper yellow line. All parts are well pronounced. Potential entry - cyan line. Potential profit exit - green line.

More information, chart template, and free EA to automatically trade this pattern - on http://www.earnforex.com/blog/inverted-head-and-shoulders-on-hourly-chart-of-cadjpy/

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.