Head & shoulder pattern and it's time to buy USDCAD
Signal for buy
1. Doji candlestick & the bullish candle after that which confirm bullish trend
2. 61.8% Fibo of last bullish wave
3. right shoulder of H&S pattern
Buy = 1.304
SL = 1.294
TP1 = 1.32
TP2 = 1.335
1. Doji candlestick & the bullish candle after that which confirm bullish trend
2. 61.8% Fibo of last bullish wave
3. right shoulder of H&S pattern
Buy = 1.304
SL = 1.294
TP1 = 1.32
TP2 = 1.335
Comentário:
We will wait for the pullback
Comentário:
profit = -100 pips
After that we can get the short position in the pullback.