Valid H&S on usdcad (1D) 13 Jan 2022

Updated
Customary, valid H&S patterns give a profit as high as (or higher) the length of the distance from the neckline to the top of the head. In this particular case, I believe the pattern will send the price lower to test the 2021 lows.
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Trade closed: stop reached
Looks like the dollar is defiant.
analysisHead and ShouldersMultiple Time Frame AnalysisSELLshortsignalUSDCADusdcadsellusdcadshort

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