CAD/JPY LONG POSITION, head and shoulders pattern

Ok, so... Ahh... it's going to be fast comment. I'm tired tonight but I feel good enough to make some analysis. I'll probably go do some backtesting soon.

Pros:
-1h, the trend line goes up
-1h, head and shoulders pattern
-1D, good bounce from resistance

Cons:
-1W, is in downtrend
-4h, is in downtrend
-1h didn't break the suppor line yet

All, I can do right now is waiting. If everything goes like I see it, I will delete take profit and manage my trade by moving my stop loss.
Chart PatternstimeframeanalysisTrend Analysis

Disclaimer