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U.S. Dollar / Canadian Dollar
Short
Updated

USDCAD: Head & Shoulder pattern in progress

71
A clear break of pattern neckline hints further declines could be underway.

Selling USDCAD could be possible entry at 1.2790 targeting 1.2730 and 1.2610 with a stop above 1.2940
Note
TP1 reached at 1.2730 , we booked partial profit at +60 pips from entry and we continue to second target at 1.2610. move your stop loss now to entry level.

snapshot
Trade closed: target reached
+180 pips done here, Hope you enjoyed it
Note
snapshot
TareqEsawy
Also on:
Chart PatternsTrend Analysis

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.
Chart PatternsTrend Analysis
TareqEsawy
Also on:

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.