USD/CAD Inverted Head and shoulders!
First of all, the Pair created and H&S pattern and then it went down to retest the right shoulder.
It broke above the 200 EMA on the 1H and 15min timeframes.
So we will enter a long position on the break of the 1.274 on the 1H chart.
Keep watching this pair...
NajjarTrading
It broke above the 200 EMA on the 1H and 15min timeframes.
So we will enter a long position on the break of the 1.274 on the 1H chart.
Keep watching this pair...
NajjarTrading
Note
Took profits on 1.275 as my strategy is mostly to aim for 1.5 R. That's why you should always watch the chart!
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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.