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U.S. Dollar / Canadian Dollar
Short
Updated

Possible Double Top or Head And Shoulders

344
snapshot

If either a double top or the right shoulder forms, time to go short!
Note
Ignore my bullish bar comment....BEARISH!!!
Trade active
Entered a short at 1.3388 after 4 hour closed below my zone for right shoulder. Now looking like a double top is in the works. Down at the moment, but not out.
Trade closed: stop reached
Looking back, bar close after right shoulder was aggressive. Should have waited for larger confirmation to the downside.
DownSouthShorts
Chart PatternsDouble Top or BottomHead and Shoulders

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.
Chart PatternsDouble Top or BottomHead and Shoulders
DownSouthShorts

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.