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TheDailyTrader_FX

USD/CAD 4H Bullish Head and Shoulders

Long
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
TheDailyTrader_FX Updated   
FX:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis Chart Patterns Technical Indicators
2
0
trendanalysis chartpattern indicator
Pair is currently forming bullish head and shoulders pattern after hitting major structure support and long term trend line . RSI has been oversold recently and is now diverging. I'll wait for pair to push price up to the previous structure support @ 1.31838 and wait for pullback from there, down to broken neckline of H&S .
Trade active:
Profit target 1 and 2 reached. Waiting for 3rd.
snapshot
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