SHORT USDCAD: head and shoulders pattern on overbought market

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very overbought market on dollar cad.
rsi shows clear divergence.
looking left we see a nice rejection candle indicating strong bearish pressure around this area.
now we have a formation of a head and shoulders pattern.

wait and sell the retest of the neckline.

Initial target 1.344
Dagangan aktif
Nota
Market is close to Target
Nota
Stop to breakeven
Dagangan ditutup: sasaran tercapai
Chart PatternsdollarForexforexsignalsforextradingTechnical IndicatorspatternshortTechnical AnalysisTrend AnalysisUSD

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