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U.S. Dollar / Canadian Dollar
Long
Updated

Head & shoulder pattern and it's time to buy USDCAD

67
Signal for buy
1. Doji candlestick & the bullish candle after that which confirm bullish trend
2. 61.8% Fibo of last bullish wave
3. right shoulder of H&S pattern

Buy = 1.304
SL = 1.294
TP1 = 1.32
TP2 = 1.335
Note
The price is near the stop loss, and the trade will be failed.
After that we can get the short position in the pullback.

snapshot
Note
We will wait for the pullback

snapshot
Note
profit = -100 pips
abasmsd
Trend AnalysisUSDCAD

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.
Trend AnalysisUSDCAD
abasmsd

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.