As we can see in the dollar-Canadian pair, there is a head and shoulders formed on the 4-hour frame, the neck was broken, but the price has not returned to test it. It is better to look for a retest and then enter selling for this pair. Next Thursday, we have important news on the Canadian dollar, which is the GDP. Let's see what this week has in store for us.
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Important rules: 1: Use a small lot 2: Don't be greedy 3: Stick to the goals 4: Don't add deals to losing trades 5: Stick to your stop loss
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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.