CADJPY Classic Head and shoulder has 1,978pips as targets

                                                               CADJPY WEEKLY TF
Hello everyone.
It has been quite a few weeks since we laid out our cadjpy trading plan both in the premium room and also in our whatsapp room. Its exactly six weeks now and we deemed it fit to inform everyone how we are managing this particular trade and the potential for further decline in weeks or perhaps months ahead. We initiated this weekly swing trade based on a few rational. First one being a several classical head and shoulder noticed on the weekly time frame and of course on the monthly time frame. Secondly, there was a strong bullish candle spike to a resistance area which was unable to breach the resistance of may 2013 and of course, that region completed the second shoulder of the weekly H & S formation proper. With series of bearish price action formation both on monthly and of course the daily time frame, we saw this as an antelope thrown into a lions den for a real devour, hence we pulled the trigger. Today, we are up 520pips and yet the real party ain't started just yet as we have the target of this weekly classic head and shoulder formation at 75.00 region for an outstanding pips of 1,978pips reward. That's a real potential move if you ask me. Oh well, we are moving our stops close to break even to lock in just 150pips because we envisage a corrective rally from this present strong support region to at least 96.00 region or more from where we would add to our existing position to hold for at least 8 weeks for some real handsome rewards......
 This is just a tip of the iceberg. We are watching three more weekly swing setups which will be added to premiumHandle exclusively in few days time. Take advantage of our PremiumHandle and let the team of forexinsaitz do all the dirty work for you while you relax and do the reaping of the pips. Also, join our group page on facebook (facebook.com/groups/forexinsaitz) for more details. Do have a pipful month everyone...