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SHORT USDCAD: head and shoulders pattern on overbought market

Singkat
Dolar A.S. / Dolar Kanada (FX:USDCAD)  
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FX:USDCAD   Dolar A.S. / Dolar Kanada
Trend Analysis Chart Patterns Technical Indicators Technical Analysis Forex forexsignals forextrading dollar USD pattern short
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trendanalysis chartpattern indicator technicalanalysis forex forexsignals forextrading dollar usd pattern short
snapshot

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
Komen:
Market is close to Target
Komen:
Stop to breakeven
Dagangan ditutup: sasaran tercapai
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Penafian

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