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USDCAD golden cross vs Head and Shoulders
U.S. Dollar / Canadian Dollar
Long
USDCAD golden cross vs Head and Shoulders
By Lukasz-Grzesiak
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Mar 29, 2018
2
Mar 29, 2018
Two contradictory factors. Golden cross is a fact, head and shoulders is just potential.
It would need to break below 1,28 to confirm the pattern.
MEasured move wouldn't be far away from 200SMA, so nothing major in here.
200SMA sloping down
I will consider a long entry above 1.31. Until then standing aside and watching those freaking cryptos getting a heavy beating...ouchhhh
Trend Analysis
Lukasz-Grzesiak
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