U.S. Dollar / Canadian Dollar

Short

USDCAD Head & Shoulders Pattern

Updated

Shorting the retest of the H & S resistance (blue line)
Target marked on the chart.

Note

Short just triggered at 1.348
Stop 1.377
Target 1.306

Note

Position size: Small
Reason is that we are in a very news driven environment atm, with lots of macro volatility, hence chart patterns may be less reliable.

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