USCAD-bias short
Bearish indications:
Bearish divergence in 4 hr time frame.
Major resistance respected.
Trend line support broken.
MA respected.
Head and shoulder pattern from resistance.
Support broken at 1.39
Bullish indications:
HHHL
Bullish divergence in 30 min time frame.
Trade plan bias short @ 1.3904
SL:1.3964
TP1:1.3843
TP2:1.3789
Bearish divergence in 4 hr time frame.
Major resistance respected.
Trend line support broken.
MA respected.
Head and shoulder pattern from resistance.
Support broken at 1.39
Bullish indications:
HHHL
Bullish divergence in 30 min time frame.
Trade plan bias short @ 1.3904
SL:1.3964
TP1:1.3843
TP2:1.3789
Note
TP1 hit and reversed
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