USDCAD - Double Top / Head & Shoulders ? - Corrective structure

102
Identify

- Bull Run seems exhausted
- Candlesticks aren't as strong

Predict

- If recent price action fails to make a new high than we might see some corrective structure
- Price action could only form a small flag and still push to make new highs past 0.5 Fib

Decide
- Counter Trend, so trading this is risky.

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.