Hey traders,
Yesterday I posted analysis on the USDCAD saying that I would be short once the triangle pattern was broken.
News today regarding the Bank of Canada interest rate decision has pushed price down.
I am targeting a S/R area which also represents a potential right shoulder of an Inverse Head and Shoulders Pattern.
Let's see how this trade plays out.
Previous idea here:
Simple technical analysis.
Yesterday I posted analysis on the USDCAD saying that I would be short once the triangle pattern was broken.
News today regarding the Bank of Canada interest rate decision has pushed price down.
I am targeting a S/R area which also represents a potential right shoulder of an Inverse Head and Shoulders Pattern.
Let's see how this trade plays out.
Previous idea here:
Simple technical analysis.
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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.
Related publications
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.