EURCAD H&S play

23 בנוב׳ 2018

Looks like a standard H&S pattern here. I am waiting for the retest, but i think we could see the pullback go higher than the neckline, something that happens more often in FX.
The right shoulder did go higher than it should, so there is some risk here. That's why i will get in with half at the entry zone and the other half we we start to drop.

Previous analysis:

23 בנוב׳ 2018

הערה

lol :) stops to entry now

23 בנוב׳ 2018

הערה

Trading can be so easy sometimes, than how come most still mess up? I can give you a ton of psychological reasons to why, learning it on your own (the hard way) will take many years.

Target has been reached already, i am out of this one already. There is maybe a bit more room, but bigger picture looks to be bullish, so i don't expect a lot downside movement.

23 בנוב׳ 2018

עסקה סגורה: היעד הושג