Wait for good PA & flag before taking and short positions, ignore the buys! Trade with care!
After breaking the inverted H&S rate hike from BOC, it is consolidating for a month and formed a rising wedge on H4. With Canada CPI ahead it looks like it is going under as CPI is expected to be higher. Wait for wedge to break for the confirmation.
H&S top looking all the way to 1.38 area where major fib resistance and multi year support lies
This is only a trading capability - no recommendation !!! Next week i`ll confirm or change my opinion about this SetUp :) Buying/Selling or even only watching is always your own responsibility ... Best regards Aaron