USDCAD, 4hr tf, inverted shoulders head / broadening pattern
Based on the 4hr timeframe we could see there is a potential reversal pattern for USDCAD.
We could see USDCAD rotate higher as there is an inverted shoulders head pattern / broadening pattern.
Price already broken above the resistance.
We are going to time our entry on the pullback or retest of support. If prices continue going up, we will skip this trade and won't chase it.
Buy limit USDCAD 1.3580
Stop loss 1.3520
Take profit 1 @1.3645
Take profit 2 @1.3710
good luck
We could see USDCAD rotate higher as there is an inverted shoulders head pattern / broadening pattern.
Price already broken above the resistance.
We are going to time our entry on the pullback or retest of support. If prices continue going up, we will skip this trade and won't chase it.
Buy limit USDCAD 1.3580
Stop loss 1.3520
Take profit 1 @1.3645
Take profit 2 @1.3710
good luck
Trade ativo
buy position triggered
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.