Euro / Canadian Dollar

Short

Updated

Fake Breakout of the inverted H&S for EURCAD

Here is an example for a breakout of the neckline of an inverted H&S for EURCAD.
Good luck,
KHAN

Note

It is a fake break out as all D1, W1 and M1 shows price divergence. We should see a good fall for this pair in the coming days...

Note

Here is the Monthly EURCAD.
s3.tradingview.com/snapshots/o/OqqJK1T3.png

Note

1.4482 comes up next which gives you 69 pips of profit from the entry point 1.4551.

Note

Now all the way to 1.4400

Also on:

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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.

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.