USDCAD Short
UC is on the brink of breaking through the support line amid massive divergence.
USDCAD
USDCAD Note
It appears that we have a H&S forming, it is clearly visible on H4 timeframe.Note
Trade active
Partially fixing profit, just to be on a safe side.Trade closed manually
Closed manually just 15 pips short of t\p, the price didn't go through the support (red line on the chard above) as I was expecting and began the consolidation which I see as a risk of bouncing off upward.
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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.