Sometimes, the market paints a picture so clean it feels like it came straight out of a trading manual—and USDCAD is doing just that.
🔍 What I'm seeing:
- A classic Head and Shoulders pattern forming with clear neckline structure
- A fresh supply zone just above, recently tested
- A sharp reaction as price touches that zone—textbook rejection behavior
📉 My plan: I’ve placed a sell stop just below yesterday’s wick, anticipating a strong bearish move if momentum kicks in. The setup aligns with pattern confirmation and supply zone logic.
🎯 Why it matters: This could be a high-probability move—or not. That’s trading. But as they say: “Risk a little, gain a lot.” I’m ready to see how it plays out.
Let me know your thoughts or if you’re seeing something different on the chart. Let’s trade smart and stay sharp.
🔍 What I'm seeing:
- A classic Head and Shoulders pattern forming with clear neckline structure
- A fresh supply zone just above, recently tested
- A sharp reaction as price touches that zone—textbook rejection behavior
📉 My plan: I’ve placed a sell stop just below yesterday’s wick, anticipating a strong bearish move if momentum kicks in. The setup aligns with pattern confirmation and supply zone logic.
🎯 Why it matters: This could be a high-probability move—or not. That’s trading. But as they say: “Risk a little, gain a lot.” I’m ready to see how it plays out.
Let me know your thoughts or if you’re seeing something different on the chart. Let’s trade smart and stay sharp.
Trade active
I am inNote
Look like it to the sky not active our trade at allNote
The entry look likes to be filled next week!Trade closed: target reached
1st Target Reached. Can close 50%. Move SL to entry then wait for Target 2 OR Close all and wait for better entry to head to Target 2
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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.
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.