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USD/CAD Inverted Head and shoulders!
U.S. Dollar / Canadian Dollar
Long
USD/CAD Inverted Head and shoulders!
By NajjarTrading
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Updated
Jan 27, 2021
3
2
2
Jan 27, 2021
First of all, the Pair created and H&S pattern and then it went down to
retest the right shoulder.
It
broke above the 200 EMA
on the 1H and 15min timeframes.
So we will enter a long position on the break of the 1.274 on the 1H chart.
Keep watching this pair...
NajjarTrading
Jan 27, 2021
Note
Took profits on 1.275 as my strategy is mostly to aim for 1.5 R.
That's why you should always watch the chart!
Chart Patterns
Technical Indicators
Trend Analysis
NajjarTrading
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