USDCAD forming H&S below strong resistance
So as you can see in DAILY chart,it is obviously drawing H&S.
I assume that it is quite strong and recommend you guys to short it after breaking out the neckline clearly,however there is a big uptrend channel line just below so try to tp there.
I assume that it is quite strong and recommend you guys to short it after breaking out the neckline clearly,however there is a big uptrend channel line just below so try to tp there.
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.