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Official_Piyath

Head & Shoulder on USD/CAD (1 Hour)

Singkat
Dolar A.S. / Dolar Kanada (OANDA:USDCAD)  
Official_Piyath Telah dikemas kini   
OANDA:USDCAD   Dolar A.S. / Dolar Kanada
Trend Analysis Chart Patterns Technical Indicators
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trendanalysis chartpattern indicator
Through my analysis I have detected a small Head & Shoulders Pattern on the USD/CAD 1 Hour chart. This could signal a potential trend reversal as there was also a Downtrend Rising Wedge involved, and it has already been broken. I am looking to go SHORT on the asset once the 200 EMA has been crossed, then I know that there is a possible continuation to the downside. The market had also failed to create a higher high, resulting in a decrease in momentum.
snapshot
Dagangan ditutup: sasaran tercapai:
Well Done guys. Like I said the break of the moving average will increase the confirmation of the direction. Well done for those of you that went SHORT.
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