dannybritton92

CADJPY LONG VIEW

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OANDA:CADJPY   加元 / 日圓
on the weekly timeframe we can see that the bullish momentum has managed to break the long term depending trend line after forming an invert head and shoulders pattern also rejecting a key level indicating the change in trend. Since then we are seeing clean higher high and higher low sequence. This is a swing trading view and I'm seeing 88.00 as a potential target as a phycological level and the zone where the last major swing high stalled. Remember this is a weekly view so drop into the smaller tf to get a good entry. This is not financial advise just my views on the market.
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