4H | USDCAD - H & S in the Making!
A simple H & S pattern seems to be at play in USD/CAD.
The divergence on the RSI is indicating a peak.
Neck line - 1.3352
Aggressive traders can sell here with stop at 1.3460.
Wait for neck line break for confirmation.
V.
The divergence on the RSI is indicating a peak.
Neck line - 1.3352
Aggressive traders can sell here with stop at 1.3460.
Wait for neck line break for confirmation.
V.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.