HS pattern taking shape on the pair. I am in a short position to TP 1.292 so hopefully the USD takes a breather so the pair drops to the TP, or a rise in Oil prices gives some support to the Loonie.
Any ideas if this qualifies as a double bottom on gold, with gold potentially bouncing back up to 1222 range?
My first published idea, but it is more of a request for more experienced traders to weigh in with their thoughts. It seems that a HS pattern is forming and I would be grateful for any inputs from the pros here on Tradingview. Many thanks!