Trade idea - USDCAD Short

Updated
4H

Corrective approach towards entry zone.

= Instant market execution Sell.

1.5% risk.

Aiming to take full profit at Daily TP.
Note
MONTHLY

Head & Shoulders pattern potentially in play.

Clear support & resistance zone is there.

snapshot
Note
DAILY

Bearish impulse / break of last HL: indication.

Head & Shoulders pattern: confirmation.

Clear support & resistance zone is there.

snapshot
Trade active
Active
Trade closed: stop reached
Break even.
Chart PatternsDXYForexnoindicatorsshortsetupsupply_and_demandSupply and DemandsupportandresistancezonesTechnical AnalysisTrend AnalysisUSDCADDJ FXCM Index

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