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Finally the HEAD and SHOULDERS pattern is now completed, I'm expenting the pair to drop to its support line now, giving us a chance to grab 70 pips easily here !
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The pair was on a descending channel, but due to the interest correction yesterday on CAD, the price become extremely overrated, broking the resistance trend line and spiking up.
Its just a matter of time for the same to happen to the downside, as it has to come a re-test the new support, so it can slowly start its way up !
10 pips of STOP LOSS and 80 of TAKE...
After we banked some pips on a long position, me and my team are going for a short now.
As you can see, there is a nice uptrend here, but on the last day the pair found some difficulties in creating new highs, creating the famous double top.
I connected both tops with a green line, thats my resistence line.
Im expecting a nice drop now so we can bank this 85...
Looks like the pair broke the trend line !
Giving us a quick opportunity for a little scalp 🤪
Around 50 pips take profit, but profit is profit 🔥
Fell free to copy my trades, don’t forget to show me some love by following me, so you get notified everytime I post 🎭
A buy opportunity here.
Possible 120 pips of take profit.
A very strong uptrend here, and due to this weekend news, its possible that USD will get weak during the next trading week.
Feel free to copy my trades and dont forget to follow me, so you get notified everytime I post .