100-150pips long inverted head and shoulder pattern
Market Maker's have printed a nice zone to trade UsdCad long for 100-150pips to clear out liquidity of current high. Candles have formed an inverted head and shoulder pattern that should push nicely from the point of interest in the setup.
Trade active
Market pulled back to zone and is floating above the neckline structure. Market has shown nice rejection for long position but is only about 20pips in profit. Trade is now risk free for those have placed buy orders.Trade active
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.
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.