Potential Sell on USDCAD 8H

The USD has been on a bullish run with no seeming intent to stop. However there is a potential head and shoulders setup that is more easily seen on the 8H timeframe that may indicate a possible selloff to recover some imbalance. The TDI also shows a potential turning to the downside as it is over the 60 level. The current pullback will give a better entry with stops above the right shoulder at 1.3022

Chart Patternsfirstidea

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