Hi Traders,
Let's look a CADCHF. It has a develop a second head and shoulders pattern. For this trade, I'll be looking for a close above the daily and 4HR resistance as an entry point and target at the neckline of the M formation. Hopefully this plays out the second time around.
What are your thoughts? Comment below.
Perform your own trade analysis and perform proper risk management.
Let's look a CADCHF. It has a develop a second head and shoulders pattern. For this trade, I'll be looking for a close above the daily and 4HR resistance as an entry point and target at the neckline of the M formation. Hopefully this plays out the second time around.
What are your thoughts? Comment below.
Perform your own trade analysis and perform proper risk management.
