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VasilyTrader
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head and shoulders pattern on usdcad شراء

U.S. Dollar/Canadian DollarFXCM

الوصف



hey traders,

dollar canada looks very oversold and I was looking for counter trend trades on this pair.
though I was stopped out from trading bearish abcd pattern I still expect a bullish movement.

Now I am focused on this almost completed head and shoulders pattern,
the zone that I highlighted is a decision zone,
bullish violation of this zone will mean bullish violation of structure and neckline.

Don't rush and let the market act above the neckline before you buy the market!

Remember, that you always can buy a retest.

the initial target is based on structure.

good luck!

تعليق

rejection

تعليق

market is going up

أغلقت الصفقة: تم الوصول للهدف

التعليقات
Skinwah
H&S is definitely your thing
VasilyTrader
@Skinwah, hahahah yes))
Boon2
USDCAD D1 Critical Point. Checkout the idea detail's and update's for the complete picture.
acogwell11
This is an h/s pattern? Where's support?
VasilyTrader
@acogwell11, 1.313 is a local support that was very important
المزيد