USDCAD - SELL OPPORTUNITY
Sell Opportunity for USDCAD.
Double Top with rejection.
On HTF a M pattern is forming.
ON LTF the Right shoulder of an Head and Shoulder pattern is forming.
We expect the price to move up and to go towards a Resistence at area 1.2987 where it may find rejection and drop, allowing us to execute the trade.
Double Top with rejection.
On HTF a M pattern is forming.
ON LTF the Right shoulder of an Head and Shoulder pattern is forming.
We expect the price to move up and to go towards a Resistence at area 1.2987 where it may find rejection and drop, allowing us to execute the trade.
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.